(a) The Agency shall have the exclusive right of issuing currency notes and coins in the State of Bahrain, and no other person shall have the right to issue currency notes, paper money, coins, or bills or warrants payable to bearer upon demand that have the appearance of currency or may be construed as currency.

(b) Every violator of the provisions of this Article shall be punished by the penalties prescribed in the laws of the State for forgoing or counterfeiting currency notes or coins.