Western Australian Consolidated Acts

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DECIMAL CURRENCY ACT 1965 - SECOND SCHEDULE

— Currency equivalents

[s. 5(5)]

        [Heading inserted by No. 19 of 2010 s. 16(3).]

Part A  — Equivalents specified in the Commonwealth Currency Act

        [Heading inserted by No. 19 of 2010 s. 16(3).]

One sovereign or pound . . . . . .         =         Two dollars.

One shilling . . . . . . . . . . . . . . .         =         Ten cents.

One penny . . . . . . . . . . . . . . . .         =         Five-sixths of a cent.

Part B  — Examples of equivalents

        [Heading inserted by No. 19 of 2010 s. 16(4).]

Examples of Percentages

Expressed in Old Currency

Equivalent expressed in
New Currency

Five pounds per centum

Five per centum

Five pounds seven shillings and six pence per centum

Five and three-eighths per centum

Twelve and one-half pounds per centum

Twelve and one-half per centum

Examples of Proportions

Expressed in Old Currency

Equivalent expressed in
New Currency

Three-eighths of a penny in the pound

Five thirty-seconds of a cent in the dollar

One halfpenny in the pound

Five twenty-fourths of a cent in the dollar

One penny in the pound

Five-twelfths of a cent in the dollar

Two pence in the pound

Five-sixths of a cent in the dollar

Three pence in the pound

One and one-quarter cents in the dollar

Six pence in the pound

Two and one-half cents in the dollar

Eight pence in the pound

Three and one-third cents in the dollar

One shilling in the pound

Five cents in the dollar

One shilling and three pence in the pound

Six and one-quarter cents in the dollar

Two shillings in the pound

Ten cents in the dollar

[s. 7(2)]

        [Heading amended by No. 19 of 2010 s. 16(5).]

Expression of Amounts in Figures

$59 or $59.00 where the amount consists of an exact number of dollars.

$59.01 or $59.09 where the amount consists of dollars plus cents in the range from 1 to 9.

$59.10 to $59.99 where the amount consists of dollars plus cents in the range from 10 to 99.

$0.09 or 9 cents or 9c where the amount is less than one dollar and is cents in the range from 1 to 9.

$0.59 or 59 cents or 59c where the amount is less than one dollar and is cents in the range from 10 to 99.

Note.  — The decimal point should be followed by two figures at least, and one or more figures (as 0 in some cases) should appear between the dollar symbol and the decimal point.

Fractions of a cent

An amount involving a fraction of a cent (for example, three and a quarter cents) may be expressed as — $0.0325 or $0.03¼ or 3¼ cents or 3¼c.



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