UAE Central Bank and Financial Institutions Decree-Law

Article 54 — Article (54) Currency Legal Tender

Part Two: Currency · Chapter One: Currency Unit and Issuance

1. Currency notes and currency in digital form issued by the Central Bank shall be legal tender for payment of any amount with its full-face value.  2. Currency coins issued by the Central Bank shall be legal tender in the State for payment of any amount with its full-face value, and not exceeding fifty (50) Dirhams. Nevertheless, should such Currency coin be presented to the Central Bank, the latter shall accept them without any limitation of its amount.

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