Currency Act 1963

E96353

The Currency Act 1963 was Australian legislation that established the framework for replacing the Australian pound with a decimal currency system, paving the way for the introduction of the Australian dollar.

All labels observed (3)

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Statements (46)

Predicate Object
instanceOf Act of the Parliament of Australia
Australian federal statute
appliesTo Australian territories
surface form: Australian States and Territories

Commonwealth of Australia
associatedEvent decimalisation of Australian currency in 1966
category Australian economic history
Australian legislation
currency law
chamber House of Representatives of Australia
surface form: Australian House of Representatives

Senate of Australia
surface form: Australian Senate
country Australia
dateEnacted 1963
defines legal tender in Australia under the new decimal system
enabledIntroductionOf Australian dollar
establishedFrameworkFor conversion from pounds, shillings and pence to decimal currency
followedBy Currency Act 1965
Currency Act 1963 self-linksurface differs
surface form: Decimal Currency Act 1963
governs issue of decimal coins
status of pre-decimal coins and notes during transition
hasEffectOn Australian legal tender rules
Australian monetary system
historicalPeriod 20th century
implementedBy Commonwealth Treasury
Reserve Bank of Australia
jurisdiction Commonwealth of Australia
language English
legalArea monetary law
legalCitation Currency Act 1963 self-linksurface differs
surface form: Currency Act 1963 (Cth)
legalStatus in force as amended
legislativeBody Parliament of Australia
longTitle An Act relating to Currency
partOf Australian currency decimalisation program
providedFor denominations of the new decimal currency
regulation of coins and notes under the decimal system
purpose to establish a framework for decimal currency in Australia
to provide for the introduction of a new Australian decimal currency unit
to provide for the replacement of the Australian pound
region Oceania
relatedTo Decimal Currency Board
Reserve Bank Act 1959
replacedCurrency Australian pound
setsOut provisions for the transition period to decimal currency
shortTitle Currency Act 1963 self-link
subject currency
decimalisation
typeOfLegislation primary legislation

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Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Australian pound decimalisationReform Currency Act 1963
Currency Act 1963 shortTitle Currency Act 1963 self-link
Currency Act 1963 followedBy Currency Act 1963 self-linksurface differs
this entity surface form: Decimal Currency Act 1963
Currency Act 1963 legalCitation Currency Act 1963 self-linksurface differs
this entity surface form: Currency Act 1963 (Cth)