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Central Bank of Kenya Act

24. Exchange of mutilated notes and coins

Edition: 2026-07-24 · In force

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24. Exchange of mutilated notes and coins

The Bank shall not be obliged to exchange any note or coin which is mutilated, defaced, soiled or otherwise defective, and the conditions subject to which the Bank may as a matter of grace exchange any such note or coin shall be within the absolute discretion of the Bank.
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Source: Kenya Law