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RBA Glossary definition for NQRS

NQRS – Note Quality Reward Scheme

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Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper

24 May 2023 Submissions
to remove poor-quality banknotes from circulation, including the Note Quality Reward Scheme (NQRS) (RBA 2022c, pp 12–13). ... for quality sorting under the NQRS to assist the industry to invest in new or upgraded equipment that is capable of quality
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html