Currency Act 1969 (Cth)

Currency

No. 4 of 1969

An Act to amend the Currency Act 1965.

[Assented to 8 April 1969]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Currency Act 1969.

(2.) The Currency Act 1965 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Currency Act 1965-1969.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

 

Treasurer may issue coins.

3. Section 14 of the Principal Act is amended by omitting sub-sections (3.) and (4.) and inserting in their stead the following sub-section:—

“(3.) In the making of a coin, a remedy in respect of weight (that is to say, a variation from the standard weight applicable to the coin) is allowable as prescribed.”.

Standard composition of coins.

4. The Schedule to the Principal Act is amended by omitting the words—

“Fifty cents.............................................. Four-fifths fine silver, one-fifth other metal”

and inserting in their stead the words—

“Fifty cents.............................................. Copper and nickel”.