of December 15, 1992 No. 1232-XII
About money
The parliament of the Republic of Moldova adopts this law.
Monetary unit of the Republic of Moldova is the leu (Moldavian), equal 100 baths. Cash are in circulation in the form of paper (banknotes) and metal (coins) of bank notes.
The National Bank of Moldova has exclusive right of issue in the territory of the Republic of Moldova of banknotes and coins as means of payment, and also anniversary and commemorative banknotes and coins as means of payment and in the numismatical purposes.
The National Bank of Moldova establishes nominal value, the size, weight, registration and other characteristics of the banknotes and coins which are means of payment in the Republic of Moldova.
The National Bank of Moldova has exclusive right of retirement of any earlier issued banknotes or coins.
The leu as national currency is legal means of payment in the territory of the Republic of Moldova.
Payments and transfers in foreign currency can be got/are performed in the territory of the Republic of Moldova only in cases and according to the procedure, established by the law.
All physical persons and legal entities shall accept legal bank notes of the Republic of Moldova without any restrictions. Evasion from use of the bank notes of the Republic of Moldova which are in circulation is punishable by the law.
The leu (the cash which is in circulation and on the current and urgent bank accounts) is introduced into circulation, being completely provided with assets of National Bank of Moldova, goods supply and services in the territory of the Republic of Moldova, assets of the economic subjects of the republic which are abroad.
The official rate of Moldovan leu in relation to foreign currencies is established by National Bank of Moldova according to provisions of the foreign exchange legislation.
Voided according to the Law of the Republic of Moldova of 06.03.2012 No. 33
The become useless bank notes of the Republic of Moldova are accepted and exchange National Bank of Moldova, and also banks to which it grants such right to new bank notes. Features and procedure for determination of solvency of bank notes are established by National Bank of Moldova.
Production for the purpose of issuance or issuance of counterfeit paper or metal bank notes attracts criminal liability according to the law.
This law becomes effective from the date of acceptance, except for Articles 3 and 4, which become effective from the date of issuance of national currency.
President of the Republic of Moldova
Mircha Snegur
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