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SPECIAL COINAGE.

ARRANGEMENT FOR MINTING. WELLINGTON, Sept. 25. Legislation will be introduced by the Government * during the presenc session to put into full effect the powers which it received in the Finance Act (No. 4) of last session to arrange for the minting of a special New Zealand silver and bronze coinage. The previous legislation empowered the Minister of Finance to make arrangements with the Master of the Royal Mint for the minting of the new coinage, and declared that coins minted in accordance with this arrangement should be legal tender in New Zealand. It also permitted the Minister to purchase from the Royal Mint such amounts of the coinage as might from time to time be necessary to meet public requirements. The measure to be introduced this session will implement this legislation. The new Bill will also, it is understood, provide for the administrative control of the new currency in New Zealand.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19330925.2.65

Bibliographic details

Manawatu Standard, Volume LIII, Issue 255, 25 September 1933, Page 6

Word Count
153

SPECIAL COINAGE. Manawatu Standard, Volume LIII, Issue 255, 25 September 1933, Page 6

SPECIAL COINAGE. Manawatu Standard, Volume LIII, Issue 255, 25 September 1933, Page 6