Currency and Exchanges Act, 1933 (Act 9 of 1933)

Regulations

Orders and Rules under the Exchange Control Regulations

8. Restriction on receiving of payments in Republic currency for exports

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In terms of the powers vested in it by regulation 8, the Treasury hereby prescribes that, except with the permission of a bank authorised under the Exchange Control Regulations to deal in foreign exchange, Republic currency may not be received in payment by any person in respect of goods exported by him from the Republic.