Decimal Currency Act 1964

Reprint as at 1 February 1990

Decimal Currency Act 1964

Public Act1964 No 27
Date of assent3 November 1964
Commencementsee section 1


Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.

A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.

This Act is administered by the Reserve Bank of New Zealand.



Part 1
Preliminary provisions

1 Short Title and commencement

2 Interpretation

3 Application of Act to Cook Islands and Tokelau

4 Act to bind the Crown

Part 2

5 Decimal currency system established

6 Contracts, etc, to be made in decimal currency

7 Construction of references to existing currency, and method of conversion for purposes of payments

8 Forms

Part 3
Coinage and legal tender




9 Standard composition and weight of coins [Repealed]

10 Minister may issue coins [Repealed]

11 Advisory committees [Repealed]

12 Coins may be called in [Repealed]

13 Prohibition of other than official coins [Repealed]

Legal tender


14 Legal tender [Repealed]


15 Repeals [Repealed]

Part 4
Arrangements for the introduction of the decimal currency system


Powers of Minister


16 Powers of Minister [Repealed]

17 Delegation to Decimal Currency Board [Repealed]

18 Making and issue of coins [Repealed]

19 Closing of banks [Repealed]

Decimal Currency Board


20 Decimal Currency Board [Repealed]

21 Constitution of Board [Repealed]

22 Resignation of members [Repealed]

23 Functions of Board [Repealed]

24 Powers of Board [Repealed]

25 Delegation by Board [Repealed]

26 Board may appoint advisory and technical committees [Repealed]

27 Contracts of Board [Repealed]

28 Disclosure of interests in agreements, etc [Repealed]

29 Meetings of Board [Repealed]

30 Reports [Repealed]

31 Remuneration and travelling expenses [Repealed]

32 Secretary and other officers of Board [Repealed]



33 Decimal Currency Account [Repealed]

Part 5


34 Regulations [Repealed]

Denominations and standard composition of coins


Reprint notes

An Act to provide for a system of decimal currency, and to make provision with respect to coinage, legal tender, and matters incidental to the foregoing purposes