this post was submitted on 28 Jan 2024
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[–] [email protected] 39 points 9 months ago (11 children)

huh interesting… in australia there’s an upper limit on the amount you can pay with low denomination coins

5c coins are legal tender for amounts not exceeding $5 for any payment of a debt.

https://en.m.wikipedia.org/wiki/Australian_five-cent_coin#cite_note-4

[–] [email protected] 6 points 9 months ago (9 children)

Wait, so, if I owe you 6,05 AUD, it's impossible to pay you in full with legal tender?

[–] [email protected] 7 points 9 months ago (2 children)

I assume it's $5 worth of 5c coins total. So you could pay a $10 debt using one bill of $5 and 100 coins.

[–] [email protected] 2 points 9 months ago

That's the way I've understood our law, yes...

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