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In this section “new currency system” and “old currency system” have the meanings given to
those terms in section 2(1) of the Presidential Powers (Temporary Measures) (Currency
Revaluation) Regulations, 2006, published in Statutory Instrument 199 of 2006.
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Saving of powers exercised under SI 199 of 2006
Every⎯
(a) order or direction made; and
(b) action or decision taken or thing done by the Minister of Finance or the Governor of the
Reserve Bank of Zimbabwe or any officer or employee;
in the valid exercise of any power in terms of the Presidential Powers (Temporary Measures)
(Currency Revaluation) Regulations, 2006, published in Statutory Instrument 199 of 2006, and
anything required to be done or suffered in terms of those regulations, shall, notwithstanding the
lapsing of those regulations, be deemed to have been validly made, taken, done or suffered, as the
case may be, in terms of this Act.
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