The Agency shall have the right, after giving notice to this effect in the Official Gazette, to withdraw from circulation, against payment of the face value, any currency it has issued. In this case and subject to the conditions set in the notice, such currency shall cease to be considered legal tender However, a holder of such currency may, within any period of grace of not less than one year, claim from the Agency payment of the value of such currency in accordance with such regulations as it may issue. After expiration of the period of grace fixed in the notice, the currency notes that have not been redeemed shall cease to be considered legal tender.