Article (58) Gold & Silver Coins and Commemorative Coins

Fed Law 14/2018 Issued on 1/10/2018

1)The Board of Directors shall determine conditions for sale and purchase of gold and silver coins at the Central Bank.

2)The Central Bank may issue commemorative Currency notes or coins for any wishing party, in accordance with the rules and conditions set by the Board of Directors.

3)The Board of Directors shall determine the denominations, fineness, and weights, measurements, allowed variation, and all other specifications of gold and silver coins, as well as the quantities of each denomination to be minted.

4)The Central Bank shall make necessary arrangements for minting of gold and silver coins referred to in this article, along with all matters relating to such minting and safekeeping of such coins and the relative plates and dies.

_{This article has been amended by Decretal Federal Law No. (09) of 2021. You are viewing the latest version. To view the previous version, click the version box below}.

Version 1_{(effective from 31/10/2018 to 26/07/2021)}

1) The Board of Directors shall determine conditions for sale and purchase of gold and silver coins at the Central Bank.

2) The Central Bank may issue commemorative Currency notes or coins for any wishing party, in accordance with the rules and conditions set by the Board of Directors.

3) The Minister shall, upon proposal of the Board of Directors, determine the denominations, fineness, and weights, measurements, allowed variation, and all other specifications of gold and silver coins, as well as the quantities of each denomination to be minted.

4) The Central Bank shall make necessary arrangements for minting of gold and silver coins referred to in this article, along with all matters relating to such minting and safekeeping of such coins and the relative plates and dies.