Common Monetary Area definition

Common Monetary Area means South Africa, Namibia, Lesotho and Swaziland.
Common Monetary Area means the Republic of Namibia, the Kingdom of Lesotho, the Kingdom of Swaziland and the Republic of South Africa;
Common Monetary Area means South Africa, Namibia, Lesotho and Eswatini.

Examples of Common Monetary Area in a sentence

  • Emigrants from the Common Monetary Area shall not be untitled to utilise “blocked Rand” in order to subscribe for the Warrants.

  • Emigrants from the Common Monetary Area shall not be untitled to utilise “blocked Rand” in order to subscribe for the Notes.

  • Emigrants f rom the Common Monetary Area shall not be untitled to utilise “blocked Rand” in order to subscribe for the Notes.

  • The amounts are not freely transferable from the Common Monetary Area and may only be dealt with in terms of the Regulations.

  • The Cardholder acknowledges that we are obliged to report transactions occurring outside the Common Monetary Area to the South African Reserve Bank.


More Definitions of Common Monetary Area

Common Monetary Area means South Africa, Namibia, Lesotho, Botswana and Swaziland
Common Monetary Area means South Africa, the Republic of Namibia and the Kingdoms of Lesotho and Swaziland;
Common Monetary Area means the area in which exchange and monetary arrangements are co-ordinated in accordance with the Multilateral Monetary Agreement concluded on 6 February 1992 between Namibia, the Kingdom of Lesotho, the Republic of South Africa and the Kingdom of Swaziland;
Common Monetary Area means South Africa, the Republic of Namibia and the Kingdoms of Lesotho and Eswatini;
Common Monetary Area means, for purposes of the Exchange Control Regulations, South Africa, the Republic of Namibia, the Kingdom of Lesotho and the Kingdom of Swaziland;
Common Monetary Area means states neighbouring South Africa whose currency is linked directly to the South African rand;
Common Monetary Area means the Republic of South Africa, Lesotho, Namibia and Swaziland;