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Decimal Currency Amendment (No. 2) Act 1973

COOK ISLANDS

DECIMAL CURRENCY AMENDMENT (NO. 2) ACT 1973

ANALYSIS

Title
1. Short Title
2. Legal tender
3. Schedule

1973, No. 17

An Act to amend the Decimal Currency Act 1964

(16 January 1974

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 (No.2) 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 omitting the words "or two dollars" (as inserted by section 2 of the Decimal Currency Amendment Act 1973) after the word "dollar" and before the word "for", and substituting the following words "two dollars, two and one half dollars or seven and one half 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 "Two dollars" (as inserted by paragraph (a) of section 3 of the Decimal Currency Amendment Act 1973) the following words:
  • "Seven and one half dollars
  • Two and one half dollars"; and

(b) Inserting in the column headed "Standard Composition" before the words "Silver, copper and cadmium" (as inserted by paragraph (b) of section 3 of the Decimal Currency Amendment Act 1973) and corresponding to the words inserted by paragraph (a) of this section the following words:

• "Silver, copper, and nickel
• Silver, copper, and nickel".
  

This Act is administered in the Treasury.

RAROTONGA, COOK ISLANDS: Printed under the authority of the Cook Islands Government, by T. KAPI, Government Printer - 1973