No. III.
An Act to repeal an Act inti tuled " An Act to
| " make Promissory | Notes and Bills of | Exchange |
| " payable in Spanish | Dollars | available | as if such |
" Notes and Bills had, been drawn payable in " Sterling Money of the Realm" and to promote the " circulation of Sterling Money of Great
| " Britain | in | New | South | Wales." | [12th | July, |
| 1826.] |
| WH E R E A S it is expedient t o repeal an Act of t h e Governor | Council of t h e fifth year of H i s present Majesty | in t i tu led |
and
" An Act to make Promissory Notes and Bills of Exchange payable " in Spanish Dollars available as if such Notes and Bills had been " drawn payable in Sterling Honey of the Realm" Be i t therefore
| enacted by H i s Excel lency t h e Governor of N e w South Wales | by and |
w i t h t h e advice of t h e Legis la t ive Council T h a t t h e said reci ted A c t shal l be and t h e same is hereby repealed save a n d except as to such Notes and Bills of E x c h a n g e as shall have been d rawn a n d bond fide
| issued before t h e publ ica t ion of | th i s A c t or Ordinance . |
2. A n d whereas i t is expedient to p romote a n d render more
| effectual | t h e | c i rculat ion | of Br i t i sh | Ster l ing | Money | in | N e w | Sou th |
| W a l e s a n d i ts Dependencies Be i t therefore | enacted | by | a n d | w i t h | t h e |
| a u t h o r i t y a n d advice | aforesaid | t h a t | a | t ender | a n d | paymen t of | F o u r |
| Shi l l ings and Four -pence of S ter l ing Money of | Grea t Br i t a in shal l be |
| a n d be deemed to be equivalent t o t h e tender and paymen t of | one |
| Spanish Dol lar and so in propor t ion for any grea ter | or less | a m o u n t |
a n d shal l be a discharge of any debt which m a y after t h e pub l i sh ing of t h i s A c t be cont rac ted to be pa id in Spanish Dol lars as Money Provided however t h a t n o t h i n g here in contained shal l be const rued to affect any promise or cont rac t whereby Spanish Dol lars may be or m a y have been agreed to be paid or delivered as merchandize .
| 3 . | A n d be i t fu r ther | enacted T h a t Br i t i sh Copper Money | shal l |
| be a legal t ender and p a y m e n t as aforesaid | for i ts due propor t ion | of |
| Br i t i sh Silver Money as by law established in Great Br i ta in | Provided |
| always t h a t no person shal l be compelled | to t ake more t h a n | Twelve- |
| pence of Copper Money in one paymen t . |
| 4. A n d be i t fur ther | enacted T h a t | all | Bills | of | E x c h a n g e |
| Promissory | Notes | Orders Drafts | or Unde r t ak ings in W r i t i n g be ing |
| negot iable or t ransferable for t he paymen t of any s u m of money | less |
| t h a n Twenty Shi l l ings Ster l ing which shall or may | be m a d e or issued |
after t h e publ ica t ion of th i s Act shall he and are hereby declared to be absolu te ly void a n d of n o effect any law cus tom or usage to the
| con t r a ry | not | wi ths tanding . |
5. A n d be i t fu r ther enacted T h a t if any person or persons shal l after t h e publ ica t ion of th i s L a w or Ordinance by any act device or means "whatsoever m a k e or issue any such N o t e Order Draf t or Under tak ing as aforesaid be ing for a less s u m t h a n Twenty Shi l l ings Ster l ing or shall after t h e first of September nex t re-issue negociate or t ransfer any N o t e Order Draft or U n d e r t a k i n g for t h e p a y m e n t of money made and issued before t h e publ ica t ion of th i s L a w for any s u m of money lei s t h a n Twenty Shil l ings Ster l ing every such person shal l forfeit and pay for every such offence a s u m no t exceeding Twenty P o u n d s S ter l ing nor less t h a n F ive P o u n d s S ter l ing a t t h e discret ion of t h e .Justice of t h e Peace who shall hear and de te rmine such offence.
6. A: id be it fur ther enacted Tha t all fines and forfeitures imposed by this L a w or Ordinance shall and m a y be recovered in a s u m m a r y way before any Jus t i ce or Jus t i ces of t h e Peace and shall be paid appropr ia ted and accounted for according to t h e provisions of an Ac t of t h e Governor and Counci l in t i tu led " An Act to prevent " the harbouring of Runaway Convicts and the encouraging of Convicts