Document ID: chunk:federal_register_of_legislation:C2016C01090:section:20:p1
Version: federal_register_of_legislation:C2016C01090
Segment Type: section
Provision Reference: s 20 (pt 1/2)
Character Range: 18484–20947

20  Concurrent legal tender
 (1) This section has effect notwithstanding section 16.
 (2) A tender of payment of money is a legal tender if it is made in coins that are made and issued under this Act and are of current weight:
 (a) in the case of coins of the denomination of Five cents, Ten cents, Twenty cents or Fifty cents—for payment of an amount not exceeding Two pounds ten shillings but for no greater amount; and
 (b) in the case of any other coins—for payment of an amount not exceeding Two shillings but for no greater amount.
 (3) A tender of payment of money is a legal tender if it is made in coins that are referred to in the repealed Acts and are of current weight:
 (a) in the case of bronze coins—for payment of an amount not exceeding Twenty cents or Two shillings but for no greater amounts; and
 (b) in the case of any other coins—for payment of an amount not exceeding Five dollars or Two pounds ten shillings but for no greater amount.
 (4) A tender of payment of money is a legal tender if it is made partly in coins that are referred to in the repealed Acts and are of current weight and partly in coins that are made and issued under this Act and are of current weight:
 (a) in the case of a tender partly in coins (other than bronze coins) referred to in the repealed Acts and partly in coins of the denomination of Five cents, Ten cents, Twenty cents or Fifty cents made and issued under this Act—for payment of an amount not exceeding Five dollars or Two pounds ten shillings but for no greater amount; and
 (b) in the case of any other coins—for payment of an amount not exceeding Twenty cents or Two shillings but for no greater amount.
 (5) Subject to subsection (7) and notwithstanding the preceding provisions of this section, several coins of one or more of the denominations of Threepence, One penny or One half‑penny of a value of Sixpence, One shilling, One shilling and sixpence or Two shillings are a legal tender for the payment of an amount of Five cents, Ten cents, Fifteen cents or Twenty cents respectively, but a coin, or a number of coins, of any of those denominations is not otherwise a legal tender for the payment of an amount of money in the currency provided for by this Act.
 (6) Subject to subsection (7) and notwithstanding the preceding provisions of this section, for the purpose of making, before the date fixed in pursuance of section 21, a payment that is referred to in paragraph (a) of subsection (1)