Regulatory Alerts2017-03-03
Bank of Mauritius (Processing Fee for the Reproduction of Currency Notes and Coins) Regulations 2017
The Bank of Mauritius, with ministerial approval, has established a fixed non-refundable processing fee of 10,000 rupees for applications seeking written permission to reproduce currency notes and coins. Enacted under section 43A(1A) of the Bank of Mauritius Act, this regulation standardizes the administrative cost for entities requesting official reproduction rights. The fee applies uniformly to all submissions and must be paid upon application, thereby formalizing the financial requirement effective January 2017.
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