Australian Notes Act 1910

E94064

The Australian Notes Act 1910 was a key federal law that established Commonwealth-issued paper currency and laid the foundation for a unified national monetary system in Australia.


Statements (30)
Predicate Object
instanceOf Act of Parliament
Australian federal statute
administeredBy Commonwealth Treasury
appliesTo Commonwealth of Australia
country Australia
dateEnacted 1910
effect authorised the issue of Australian Commonwealth paper notes
centralised control of note issue under the Commonwealth government
reduced the role of private bank-issued notes in Australia
field banking law
financial regulation
monetary law
hasType currency legislation
historicalSignificance laid the foundation for a national currency in Australia
marked a shift from state and private bank notes to Commonwealth notes
inception 1910s
jurisdiction Commonwealth of Australia
languageOfWork English
legalForm statute
legalStatus repealed
legislature Parliament of Australia
location Canberra
partOf development of the Australian monetary system
purpose to create a unified national monetary system in Australia
to establish Commonwealth-issued paper currency
regulates issue of Australian paper notes
replacedBy Commonwealth Bank Act 1911
later Australian currency and banking legislation
shortTitle Australian Notes Act 1910
title Australian Notes Act 1910

Referenced by (3)

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