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It is a declaration informing you where the banknote will be accepted as Legal Tender or, where you can use the note to settle a debt.

In the case of an Australian banknote, it can legally be accepted anywhere in Australia and its Territories, and not be refused.

If you were to use the currency of Another Country to make a purchase or settle a debt in Australia, the person owed the money has every right to refuse any payment made in non-Australian currency.

The banknotes of most countries will carry a similar declaration in respect of their own currencies and countries/territories.

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Q: Why do Australian notes have 'This Australian note is legal tender throughout Australia and its Territories?
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Related questions

Can an Australian 50 cent coin be used in America?

No. Australian currency is legal tender only in Australia and its Territories.


In Australia is one obliged to accept Australian currency in payment?

Yes - this is what "legal tender" means. The Australian dollar is legal tender in Australia.


Can US money be used in Australia?

No. Only Australian currency is legal tender in Australia.


What features does an Australian banknote have?

All Australian banknotes will have "AUSTRALIA" printed on them in large, difficult to miss letters. All Australian banknotes have the signatures of the "Governor of the Reserve Bank of Australia" and the "Secretary to the Treasury". All Australian banknotes have a serial number on them in at least one place. All Australian banknotes have "This Australian note is legal tender throughout Australia and its territories", or something similar printed on them. All Australian banknotes have the denomination printed in letters and printed in numerals. All current Australian banknotes are made from a polymer compound and feature various security devices such as holograms and micro printing to make life more difficult for counterfeiters. See the related link below to the Reserve Bank of Australia for more detail on Australian banknotes.


Is the Australian One Hundred Dollar note showing Sir Ian Douglas Mawson legal tender?

All earlier Australian decimal banknotes remain legal tender in Australia even though they are no longer in circulation. You may have problems getting a shopkeeper of tradesman to accept an old banknote though. The Reserve Bank of Australia advises that old Australian banknotes can be presented at the Reserve Bank of Australia and most banks and exchanged for an equivalent value current Australian banknote.


What does the small writing in front of the mans head on the Australian Ten Dollar note say?

The small writing in front of the man's head says - "Governor Reserve Bank of Australia" and "Secretary To The Treasury" each title has the signature of the individual above it. It goes on to say - "This Australian note is legal tender throughout Australia and it's territories." All Australian notes have the same writing. The names of the Governor and the Secretary change periodically. It also has Banjo Paterson's poem "The Man from Snowy River" in microprint in the left hand side of the box containing the image of Banjo Paterson. The words TEN DOLLARS are microprinted between each line of the poem.


Where is Australian money made?

All Australian general circulation coins are made at the Royal Australian Mint (RAM) Canberra. A lot of the Non-Circulating Legal Tender coins are minted at the Perth Mint. All Australian banknotes are printed at Note Printing Australia in Melbourne, a wholly owned subsidiary of the Reserve Bank of Australia.


Is a 1946 Australian Florin legal tender?

All Australian coins minted since the first post-Federation Australian coins were minted in 1910, are still considered to be Legal Tender according to the Australian Currency Act. You may however, have a problem getting a shop keeper to accept a handful of Pennies and Shillings as payment, not only because the shop keeper possibly will not want them, but there seems to be a grey area in the interpretation of the Act as to what constitutes Legal Tender. As of 2010, the only Australian coins to have been demonetised are the early Proclamation coins and the Holey Dollars and dumps.


What is written on the Australian Five Dollar note to the top right of the Queens image?

The current Australian Fifty Dollar featuring David Unaipon on the front and Dame Edith Cowan on the reverse has a great deal of printing on it. Much of it is micro printing, a security feature of Australian banknotes, and is too small to read, but it does say "FIFTY DOLLARS" many, many times.All Australian banknotes have the signatures of the "Secretary to the Treasury" and "Governor of the Reserve Bank of Australia".All Australian banknotes have the following declaration - "This Australian note is legal tender throughout Australia and its territories".The part to which I think you may refer is the writing to the right of David Unaipon. It is an excerpt from the handwritten preface to his book 'Legendary Tales of the Australian Aborigines'.It reads - "As a full blooded member of my race, I think I may claim to be the first - but I hope not the last - to produce an enduring record of our customs, beliefs and imagining".


Is the dollar considered legal tender?

The Australian Dollar is Legal Tender in Australia. The Bahamian Dollar is Legal Tender in the Bahamas. The Barbados Dollar is Legal Tender in Barbados. The Bermuda Dollar is Legal Tender in Bermuda. The Canadian Dollar is Legal Tender in Canada. The Fiji Dollar is Legal Tender in Fiji. The Hong Kong Dollar is Legal Tender in Hong Kong. The Jamaican Dollar is Legal Tender in Jamaica. The New Zealand Dollar is Legal Tender in New Zealand. The Singapore Dollar is Legal Tender in Singapore. The US Dollar is Legal Tender in the USA.


How rare is an Australian Five Dollar banknote without Treasury or Governor signatures?

There is no documented evidence that anybody has found an Australian Five Dollar note without the signatures. Assuming that your Five Dollar note is a legitimate Australian Legal Tender banknote and it also includes the Legal Tender declaration and a serial number, it would be very rare. Any such banknote should not have got past the quality control at Note Printing Australia.


What is the legal tender of south Australia?

Money