6 John 1, chapter 34
An Act to remove the Colonial Boercs, to charter the Royal Baustralian Bank, and for purposes connected therewith
Repealed by Statute Law Reform Act, 8 John 1 c. 11
Be it enacted by His Most Gracious and Excellent Majesty, and with the Consent of the Current Commons assembled, the following:-
- This Act shall be known as the Royal Bank of Baustralia Act, 2023, Bill T6141.
- The Ostrei Boerc shall be taken from circulation, and the Colony shall adopt Baustralian bills.
- The Wangatang Boerc shall be taken from circulation, and the Colony shall adopt Baustralian bills.
- The Whiskey Islands Boerc shall be taken from circulation, and the Colony shall adopt Baustralian bills.
- The Baustralian Boerc will be the official currency for all current and future Baustralian Realms.
- Recommendations for the deletions of RIS 001 codes OSB, WNB, WIB, will be submitted to the Royal Institute for Standardization.
- The Royal Baustralian Bank will, following the issuance of letters-patent, be royally chartered to be the regulator for the Boerc, and the central bank for all realms.
- The Royal Baustralian Bank will form two subsidiaries, and shall be the only organizations permitted to print banknotes, and enter coinage into circulation.
- The Baustralian Banknote Company, and the
- Baustralian Medal and Coinage Company.
- The Royal Bank of Baustralia, and its subsidiaries, shall be permitted to outsource production to foreign companies.
- Any domestic company, individual, or individuals, who prints, mints, or otherwise enters into circulation, any bank note or coin of the Baustralian Boerc will have committed a violation in accordance with the Counterfeit Act, 2 John 1 c. 20.