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Thursday, 10 March 1966

Mr McMAHON - I am surprised to learn that a teller would, on his own authority and without consulting hit superiors, reject what is, after all, a validly issued currency note. I have not had the opportunity to look at the serial numbers of the new notes. I am not interested in the serial numbers; I am interested, as I suppose most others are, more in the number of notes that I have in my pocket I feel that the implication in the question asked by the honorable gentleman is wrong. Nonetheless I shall refer the matter to my Department and to the Decimal Currency Board. I shall see what can be done to ensure that currency notes, of whatever denomination they happen to be, will be accepted at their value by banks if it is obvious that they are legitimately and properly issued.

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