TERM EXTENDED

Wanganui Chronicle, Volume 79, Issue 59, 12 March 1935, Page 5

TERM EXTENDED

ACCEPTANCE OF COINS BRITISH AND AUSTRALIAN [ Per Pi-m« Aeeoclatloa. I WELLINGTON March 11. Arrangements with the banks to ae» cept for a further short period British and Australian coin still in circulation were announced this evening by the Minister of Finance, Hon. J. G. Coates After mentioning that in the proclam ation published on November 1, 1934. British silver coins were declared not legal tender in New Zealand aftei February 1 last, Mr. Coates said h« had boon informed that some Britisk and Australian coin was still in circu lation. In order that those peopl« holding British or Australian coin wh« were not informed of the position should not be penalised, he had mad* arrangements with the banks to accept these coins for lodgment or in ex. change for New Zealand coins for s further short period. He asked shopkeepers and the public generally to assist in clearing up the exchange of old for new coin by promptly lodging all British and Australian silver coin or exchanging same for new coin. He further stated that no permits for the export of any class of coin would be issued, and prohibition at present ia force would be rijridly; maintained.