Decision on the Manner and Procedure for Allowing Reproduction of Banknotes and Coins

NATIONAL BANK OF THE REPUBLIC OF MACEDONIA 20110912207 Pursuant to Article 30 and Article 47 paragraph 1 indent 6 of the Law on the National Bank of the Republic of Macedonia ("Official Gazette of the Republic of Macedonia" no. 158/2010), the National Bank of the Republic of Macedonia Council adopted the following DECISION on the manner and the procedure which allow reproduction of banknotes and coins
I. GENERAL PROVISIONS

1. This Decision shall set forth the manner and the procedure, which allow
   reproduction of banknotes and coins issued by the National Bank of the Republic of Macedonia (hereinafter referred to as: the National Bank).
2. "Reproduction", according to this Decision shall mean every material or
   nonmaterial image of entire banknote and coin, or its part, or individual part of the design elements, such as color, size, letters and symbols, the use of which can show, or resemble to banknote and coin, regardless of:

• the size of the image,
• material and manufacture technique,
• the added elements not contained in the original version, or
• the change made to the design.

3. This Decision shall be applied for banknotes and coins which are legal tender in
   the Republic of Macedonia and which are in circulation, and banknotes and coins withdrawn from circulation, but the replacement period of which has not been expired yet.
   II. ISSUANCE OF PERMISSION FOR REPRODUCTION OF BANKNOTES AND
   COINS
4. The reproductions for which the public may get an impression they are original
   banknotes and coins shall not be allowed.
5. For preparation of reproduction of banknotes and coins, except to these stated
   under item 10 of this Decision, written permission from the National Bank shall be required.

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6. The permission under item 5 of this Decision shall be issued on the basis of
written request for reproduction. The request shall be submitted by the orderer of the reproduction or by its manufacturer, if they use the reproduction.
7. The request for obtaining permission for reproduction of banknotes and coins
must comprise the following elements:

• detailed description of the reproduction, the reason for the need of
  reproduction of banknotes and coins, number of pieces by denomination structure, type and characteristics of the material the reproduction will be made of;
• reproduction sample or its image shall be enclosed to the request.

8. When deciding upon the permission for reproduction, the National Bank shall
   especially examine whether the reproduction could cause any confusion with regard to the original banknotes and coins.
9. The Draft-decision on issuing permission for reproduction of banknotes and coins
   shall be prepared by a commission established by the Governor of the National Bank. The Decision on issuing permission for reproduction of banknotes and coins shall be adopted by the Governor of the National Bank.
   III. CRITERIA FOR ALLOWED REPRODUCTIONS OF BANKNOTES AND COINS
10. Reproductions of banknotes and coins may also be made without the National
    Bank permission, in instances when there is no risk for the public about the genuineness of the banknotes and coins, and when some of following conditions are met:

• only of the averse (front), or the reverse (back) of the banknote, under
  condition the one-sided reproduction to be larger than 125%, or smaller than 75% of the length and width of the banknotes,
• of part of the averse or reverse in full-length, under condition that part to be
  smaller than one third of the averse or reverse of the banknotes,
• in a size larger than 200%, or smaller than 50% of the length and the width
  of the banknotes,
• of individual segment of the banknotes design, under condition that element
  to be presented on a background which is completely different from the background of the banknotes,
• prepared in black and white technique, regardless of the dimensions of the
  banknotes,
• nonmaterial reproductions in electronic form which enable the public access
  to them, where the resolution of the reproduction of the banknotes and coins does not exceed 72 dpi,
• of coins larger than 100%, or smaller than 50% of the coins,
• reproduction which is made of material which evidently differs from paper
  and which is evidently different from the material used for preparation of banknotes and coins.

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11. Reproduction of banknotes and coins must not be manufactured if the general
appearance or individual parts of the reproduction affront the reputation of the Republic of Macedonia and the National Bank.
12. Whenever the National Bank notices non-allowed reproduction of banknotes and
coins, non-allowed reproduction electronically available on web locations, or on other media available to the public, it shall undertake actions pursuant to Article 115 of the Banking Law.
V. CLOSING PROVISIONS
13. This Decision shall enter into force on the eighth day from the day of publishing
in the "Official Gazette of the Republic of Macedonia".
D.no. 02-15/VII-10/2011 Dimitar Bogov
June 30,2011 Governor
Skopje and Chairman of the National Bank of the Republic of Macedonia Council