You can use bank notes issued under this Act to pay for things. They are legal tender for the amount written on the note. Bank notes that have been called in are not included. You can find more information about this by looking at the Reserve Bank of New Zealand Act 1989. This Act says what bank notes are legal tender. It helps you understand what you can use to pay for things. When you use a bank note, it must be a valid one. It must not have been called in. Then you can use it to pay for things you want to buy.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287191.
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Every bank note issued, or treated as issued, under this Act is legal tender for the amount expressed in the note.
The reference to bank notes in this section does not include bank notes that have been called in.
