UAE Central Bank and Financial Institutions Decree-Law

Article 56 — Article (56) Commemorative Currency

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

1. The Board of Directors shall determine conditions for sale and purchase of commemorative coins of precious metals and commemorative banknotes at the Central Bank. 2. The Central Bank may issue commemorative Currency for any wishing party, in accordance with the rules and conditions set by the Board of Directors.   3. The Board of Directors shall determine the denominations, fineness, and weights, measurements, allowed variation, and all other specifications of precious metals coins as well as the quantities of each denomination to be minted. 4. The Central Bank shall make necessary arrangements for minting and printing referred to in this article, along with all matters relating to such minting/printing and safekeeping of such commemorative Currency and related plates and dies.

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