Re: Trip to Melbourne
brett.fitzpatrick@employment.gov.au
Tue, 10 Feb 1998 23:40:59 -0600
In article <34DC5B97.6715@hotkey.net.au>,
walker@hotkey.net.au wrote:
>
>
> > >
> >ards,
> >
> > Mike Alexander
> > (malex@bigfoot.com)
> According to my Year 10 Commerce teacher, denominations are legal tender
> up to a certain amount. According to the Commonwealth Currency Act 1965
> Section 16
> (http://www.austlii.edu.au/do2/disp.pl/au/legis/cth/consol_act/ca1965120/s16.html?query=legal%20tende
> ) used to be 20c worth of copper coins (1c & 2c before they were removed
> from circulation), $5 worth of silver (10c to 50c) 10 times face value
> of gold ($1 and $2), $100 limit on $10 coins (not sure how this applies
> to notes) and I don't think any limit on the higher notes. So applying
> this aspect of the law (excepting copper coins) then a higher note
> should make no difference as the law rightly or wrongly doesn't really
> take into account using high notes for small purchases. Just my 5c
> worth.
>
Copper Coins (1 cent and 2 cents) are still legal tender throughout Australia
& its territories.
No-one can refuse them if they are proffered.
Brett
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