2 edition of Decimal Currency Act 1967 found in the catalog.
Decimal Currency Act 1967
60 Decimal Currency Act s 2(2) 1 Decimal Currency Act Amendment Act s 3(2) 15 Weights and Measures Act (Gazette p) 77 Statute Law Revision Act Provisions amended since 3 February , Parliament approved the Decimal Currency Act in May The Decimal Cur- rency Board was formed to manage the transition, the date for the switch-over being set for Febru , thereafter known as Decimal Day or more simply, D Day. When we as philatelists and postal historians approach this transition, we must.
It's the 50th anniversary of Australia's conversion to decimal currency: dollars and cents. Belinda Downie joins us on the Studio 10 couch to show us some rare coins and banknotes, and tells us. Service Leave Act, (3) The Long Service Leave (Metalliferous Mining Industry) Act, , as amended by the Decimal Currency Act, , and by this Act, may be cited as the Long Service Leave (Metalliferous Mining Industry) Act, 2. The Long Service Leave Act, , is amended.
Background. Following Decimal Day in , when the British monetary system changed from pound/shilling/penny to the metric £1 = p system, the new currency was known as the "new pound" and therefore the "new pence". By , the use of "new pence" was out of use, and replaced with "penny". Provisions. The Act sanctions the use of "penny" rather than "new penny" in common usage, . The Currency Act of saw the birth of the Zambian Kwacha and ngwee replacing the Zambian pound, shilling and pence in The new currency designated the main unit as the Kwacha comprising of ngwee and had the following banknotes and coins in its family: K1, K2, K10 and K20 banknotes and 50 ngwee, 20 ngwee, 10 ngwee, 5 ngwee 2 ngwee.
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The Decimal Currency Act came into effect on 10 July It was a big shift for New Zealanders who were used to dealing with the fractional system of pounds, shillings and pence.
A pound was worth 20 shillings and a shilling was worth 12 pence, so one pound was worth pence. New Zealand Decimal Currency Commemorative Dollar- Introduced J - Copper- NickelSeller Rating: % positive. - Introduction of a Decimal Currency A decimal currency was introduced to New Zealand, replacing the old system of pounds, shillings and pence.
The first decimal coins were introduced on the 10th of July The Decimal Currency Act, prescribed the designs, diameters, and standard weights of the decimal coins, which first appeared in circulation on 10th July More Information Collecting Areas.
List of mentions of the Decimal Currency Act in Parliament in the period to Search Help HANSARD – → Acts (D). The Decimal Currency Act was passed insetting the date of transition to 10 July Words such as "fern", "kiwi" and "zeal" were proposed to avoid confusion with the word "dollar", which many people at the time associated with the United States dollar.
(1) Coins issued by the Mint in accordance with the provisions of section 2 of the Decimal Currency Act of the United Kingdom or in accordance with the Coinage Act of the United Kingdom or any statutory modification or re-enactment thereof and not called in by proclamation under section 3(1)(e) of that Act, or coins issued by the.
On 10 July New Zealand abandoned pounds, shillings and pence and adopted decimal currency. This jingle was used to promote the new currency. The move, radical as it was, was quickly accepted by New Zealanders.
But at the same time the economy faced a major decline in agricultural prices. an act to provide for the introduction of a decimal currency in the year and to provide for matters connected with such introduction and for other matters connected with currency and coinage.
[30th july, ] be it enacted by the oireachtas as follows:— definitions. 1.—(1) in this act— “the act of ” means the coinage act. an act to provide for the introduction of a decimal currency in the year and to provide for matters connected with such introduction and for other matters connected with currency and coinage.
[30th july, ] be it enacted by the oireachtas as follows:—. The Decimal Currency Act determined the basis of the British decimal currency system (£-new penny-½), defined the specifications of five of the six decimal coins and gave statutory functions. An Act to make further provision in connection with the introduction of a decimal currency, and to impose restrictions on the melting or breaking of metal coins.
Coinage Act shall be treated as made in accordance with section 2 of the Decimal Currency Act and, if issued before the appointed day, shall be treated as denominated in the same number of new pence as the number of pence in which they were denominated.
Bills of exchange and promissory notes. Conversion of references to shillings and. 3 Application of Act to Cook Islands and Tokelau. 4 Act to bind the Crown. Part 2 Currency. 5 Decimal currency system established. 6 Contracts, etc, to be made in decimal currency. 7 Construction of references to existing currency, and method of conversion for purposes of payments.
8 Forms. Part 3 Coinage and legal tender [Repealed] Coinage. Discussion about 10 July Fifty years of decimal currency. Decimal Currency Act — 2 Published under the. Legislation Revision and Publication Act (2) In any Act or statutory instrument, the symbol "$" or "$" shall denote the word "dollar" or, as the case may require, the word "dollars", and the symbol "c" when used.
Decimal Currency Act, Established by the Act ofthe Decimal Currency Board was charged with overall supervision of the change-over. The strategy of the Board was to draw the sting from Decimal Day, soon to be firmly set for 15 February The Decimal Currency Act, prescribed the designs, diameters, and standard weights of the decimal coins, which first appeared in circulation on 10th July The reverses of the new decimal coins were all designed by Reginald George James Berry (known as James) of Wellington.
The obverse design was by Arnold Machin. Statute Law Revision (Decimal Currency) No. 93 of An Act to revise the Statute Law of the Commonwealth in consequence of the adoption of Decimal Currency.
[Assented to 29 October ] 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. (1) Coins issued by the Mint in accordance with the provisions of section two of the Decimal Currency Act, or in accordance with the provisions of the Coinage Acts, toand not called in by proclamation under paragraph (5) of section eleven of the Coinage Act,or coins issued by the Committee shall be legal tender as.
Decimalisation (American English: Decimalization) is the conversion of a system of currency or of weights and measures to units related by powers of Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly and exceptionally ; and.
Decimal currency was introduced to New Zealand on 10 July A great deal of work was required to make the change from Imperial currency, including a huge publicity campaign.NZ History: New Zealand adopts decimal currency.
Pounds, shillings and pence were replaced with dollars and cents − 27 million new banknotes and million new coins. The New Zealand government decided to decimalise inand set the date for 10 July There was much public discussion over what to call the new currency.