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Laws and Regulations Database of the Central Bank of the Republic of China-Law Basis

〈Exchange and Redemption of National Currency〉
Article 18
[Authorized Regulations] [Authorized Circulars]
 The Bank shall exchange stained or damaged notes and coins deemed to
be unfit for circulation in accordance with certain standards, and destroy
them according to law.
 The Bank may redeem currency issued. Currency redeemed shall no
longer be legal tender. However, the redemption period shall not be less
than one year, during which time holders may exchange redeemed
currency with the Bank.
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