BY NED GAGAHE
The Central Bank (CBSI) warns that the use of Solomon Islands banknotes in traditional ornaments, decorations and crafts is illegal.
CBSI said the practice of weaving, stitching or incorporating banknotes into cultural items must stop immediately, as it violates existing laws governing the use of national currency.
The Bank said under Section 21(5) of the Central Bank of Solomon Islands Act 2012, any person who deliberately alters the appearance of banknotes or coins commits an offence and may face penalties.
The Bank further highlights that Section 364 of the Penal Code makes it an offence to deface currency without lawful authority, with offenders liable to fines of up to 2,000 penalty units.
CBSI said that banknotes are issued strictly as legal tender for transactions and payments, and any form of misuse—including folding, attaching, or embedding them into ornaments—constitutes unlawful tampering.
The Bank warns that such practices not only break the law but also damage the physical condition of banknotes, reducing their lifespan and increasing replacement costs.
“Banknotes are printed for the purpose of transacting goods and services, not for decorative or cultural use,” CBSI said.
While acknowledging the country’s rich cultural traditions, CBSI said the use of legal tender in ornaments undermines the integrity of the national currency.
CBSI said as the sole authority responsible for issuing and regulating banknotes in Solomon Islands, it has a legal duty to protect currency from misuse and damage.
The Bank calls on community leaders, cultural groups and the general public to comply with the law and promote responsible handling of banknotes.
CBSI also encourages the use of alternative materials for cultural practices that do not involve legal tender.
Failure to comply may result in enforcement action under the relevant laws.
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