I move for leave to introduce the Currency Bill, 1927, which is a Bill entitled an Act to authorise the issue of gold coinage, to make provision for the issue of currency notes having a legal tender quality, to terminate the issue of bank notes by individual banks and substitute an issue of bank notes by a central authority, and to establish a commission to manage and control the issue and redemption of the said currency notes and the issue of bank notes and to exercise certain other functions in relation to the currency.
Leave to introduce the Bill granted.
Bill read a First Time.
