Page 58 - SARB: 100-Year Journey
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“The Government in these circumstances has agreed to relieve the Reserve Bank of the obligation under the Currency
and Banking Act of 1920 in connection with redemption of its notes in gold, and to suspend part of Section 18 of said Act in order to make such notes legal tender for any payment by the bank.”
Union Treasury statement
Rand Daily Mail, 28 December 1932
