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Decimal Currency Amendment Act 1973

COOK ISLANDS

DECIMAL CURRENCY AMENDMENT ACT 1973
No. 14

ANALYSIS

Title

1. Short Title
2. Legal tender
3. Schedule

_________________

1973. No. 14

An Act to amend the Decimal Currency Act 1964

(8 June 1973

BE IT ENACTED by the Legislative Assembly of the Cook Islands in Session assembled, and by the authority of the same, as follows:

1. Short Title – This Act may be cited as the Decimal Currency Amendment Act 1973 and shall be read together with and deemed part of the Decimal Currency Act 1964 (hereinafter referred to as "the principal Act").

2. Legal tender – Paragraph (a) of subsection (1) of section 14 of the principal Act is hereby amended by inserting after the word "dollar" and before the word "for" the words "or two dollars".

3. Schedule – The Schedule to the principal Act is hereby amended by –

(a) Inserting in the column headed "Denomination of coin" before the words "One dollar" the words "Two dollars; and

(b) Inserting in the column headed "Standard Composition" before the words "Copper and nickel" and corresponding to the words inserted by paragraph (a) of this section the words "Silver, copper and cadmium".

This Act in administered in the Treasury