(c) the period, being not less than three months from the date of publication of the notice, within which the notes or coins to be withdrawn from circulation may be exchanged for legal tender in accordance with the provisions of section 22. (3) Subject to the provisions of subsections (4) and (5), the notes or coins withdrawn from circulation under this section shall, with effect from the date immediately following the expiry of the period referred to in paragraph (c) of subsection (2), cease to be legal tender in Namibia. (4) Notwithstanding the provisions of subsection (2) or (3), a person who holds notes or coins which have ceased to be legal tender in terms of subsection (3) shall, within a period of two years from the date of expiry of the period referred to in paragraph (c) of subsection (2), be entitled to exchange such notes or coins for legal tender at such value as may be determined by the Bank. (5) Notwithstanding the provisions of subsection (3) or (4), the Bank may, after the expiry of the two year period referred to in subsection (4), continue to exchange withdrawn notes and coins for legal tender, for such further period and at such value as the Governor, on the direction of the Board, may determine by notice in the Gazette. [NAMa15y1997s22]22 Exchange of notes and coins (1) Upon surrender by any person to the Bank, or to any agent of the Bank authorized for that purpose, of any notes or coins issued by the Bank, the Bank or such agent shall, subject to the provisions of subsections (2) and (3), exchange on demand and without charge such notes or coins for notes and coins of equivalent value. (2) The Bank or its authorized agent shall not be obliged to exchange any coins that have been perforated, cut, clipped, or broken, or on which any mark has been privately impressed, or that show signs of non-monetary use, or the design of which is not distinguishable, but the Bank may, in its discretion, exchange such coins. (3) The conditions under which mutilated or otherwise damaged notes may be exchanged at partial or full face value shall be determined from time to time by the Bank. [NAMa15y1997s23]23 Bank not liable for lost or stolen notes or coins (1) No person shall be entitled to recover from the Bank the value of any lost or stolen notes or coins, except in relation to a shipment or consignment of notes or coins in respect of which the Bank has expressly undertaken liability. (2) The provisions of subsection (1) shall not affect the liability of the Bank for any loss suffered by any person in consequence of the negligence of the Governor, Deputy Governor, any other member, or any officer, employee, or agent of the Bank in the course of and in the execution of his or her duties. [NAMa15y1997s24]24 Mutilation of notes (1) A person who, without the permission of the Bank, wilfully(a) cuts, tears, perforates, or in any other way whatsoever mutilates any note issued by the Bank; (b) writes, prints, stamps, or draws anything upon any such note; (c) attaches or affixes any seal or stamp to or upon any such note, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding N$8 000 or to imprisonment for a period not exceeding two years, or to both such fine and such imprisonment. (2) Notwithstanding anything to the contrary in any other law contained, magistrates' courts shall have jurisdiction to impose the penalty provided for in subsection (1). [NAMa15y1997s25]25 Counterfeiting, forgery and related offences (1) Subject to section 2 of the Prevention of Counterfeiting of Currency Act, 1965 (Act 16 of 1965), any person who-