With the tide of war turning, the British Government turned its focus towards the re-occupation of colonies that had been under Japanese control. Unlike Malaya where coins had been minted and stockpiled during the war, no coinage was struck for Sarawak after 1941. However, as in Malaya, during the War issues of small-change notes were prepared, though they may not have been printed in quantity for circulation.
Accordingly, a series of 1 Cent, 5 Cent, and 10 Cents notes where being prepared for Sarawak during the final days of the Pacific war. These could be quickly and inexpensively printed and shipped to Sarawak after approval. However, it is likely that they were never printed in quantity for circulation, and it is clear that none of these could have been issued; and with the handover of Sarawak soon afterward to the British Government, the project would have been terminated.
Note that this 5 Cent banknote, as well as the 1 Cent and 10 Cent, are all inscribed " For the Government of Sarawak," rather than "Treasurer of Sarawak" as appeared on all currency notes up to 1941.