not exceeding 10 times the face value of the coin if $1 or $2 coins are offered.įor example, if someone wants to pay a merchant with five cent coins, they can only pay up to $5 worth of five cent coins andĪny more than that will not be considered legal tender.not exceeding $5 if any combination of 5c, 10c, 20c and 50c coins are offered and.not exceeding 20c if 1c and/or 2c coins are offered (these coins have been withdrawn from circulation, but are still legal tender). According to the Currency Act 1965 (section 16) coins are legal tender for payment Australian banknotes are a legal tender throughout Australia (this is provided in section 36(1)Ī payment of coins is a legal tender throughout Australia if it is made in Australian coins, but this is subject to some restrictionsĪbout how much can be paid in coin.
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