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1992 Australia Five Dollars Polymer - AA54
A true gem this one. Flawless and in wonderful condition.
From the first year of polymer note printing and proving to be a great investment over time.
The principal function of the Parliament is to pass laws, or legislation. Any Senator or Member may introduce a proposed law (a bill), except for a money bill (a bill proposing an expenditure or levying a tax), which must be introduced in the House of Representatives. In practice, the great majority of bills are introduced by ministers. Bills introduced by other Members are called private members' bills. All bills must be passed by both Houses to become law. The Senate has the same legislative powers as the House, except that it may not amend money bills, only pass or reject them. The enacting formula for Acts of Parliament is simply "The Parliament of Australia enacts:".
The Parliament performs other functions besides legislation. It can discuss urgency motions or matters of public importance: these provide a forum for debates on public policy matters. Senators and Members can move motions of censure against the government or against individual ministers. On most sitting days in both Houses there is a session called Question Time at which Senators and Members address questions to the Prime Minister and other ministers. Senators and Members can also present petitions from their constituents. Both Houses have an extensive system of committees in which draft bills are debated, evidence is taken and public servants are questioned. There are also joint committees, composed of members from both Houses.
*All biographical details are taken from Wikipedia for education purposes only.
A remarkable bank note in every way with abundant security features. This note had some extremely special features built into it as security against forgery. It was a world first and makes these notes highly desirable as collectors items. Collectors value numerous variations of this note.The $5 note incorporates the following security features:
Within the clear window is a stylised gum flower printed and it can be seen from either side of the note.If the note is held up to the light a seven pointed star within a circle is formed by four points on one side of the note combining perfectly with three points on the other.
If the note is held up to the light you can see an image of the Australian Coat of Arms under other printing.
The words FIVE DOLLARS has been micro printed and can be seen with the aid of a magnifying glass.
Slightly raised printing (intaglio) can be felt with the finger and is also used for the portraits and other major design elements.
Highly intricate multi-coloured fine-line patterns and images appear on each side.Under ultra-violet light the serial number will fluoresce and also a square patch becomes visible on the back of the note.
Obverse:Queen Elizabeth II (Elizabeth Alexandra Mary; born 21 April 1926) is the queen regnant of sixteen independent sovereign states known informally as the Commonwealth realms: the United Kingdom, Canada, Australia, New Zealand, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis. She holds each crown separately and equally in a shared monarchy, as well as acting as Head of the Commonwealth, Supreme Governor of the Church of England, and Head of State of the Crown Dependencies, British overseas territories, the Realm of New Zealand and the external territories of Australia. As a constitutional monarch, she is politically neutral and by convention her role is largely ceremonial.
Reverse:Old and New Parliament House, Capital Hill, Canberra. Parliament House is the meeting place of the Parliament of Australia. It is located in Canberra, the capital of Australia. It was opened on 9 May 1988 by Queen Elizabeth II, Queen of Australia. Its construction cost was over $1.1 billion. At the time of its construction it was the most expensive building in the Southern Hemisphere. Prior to 1988, the Parliament of Australia met in the Provisional Parliament House, which is now known as "Old Parliament House".
Watermark: With the introduction of the new polymer bank notes we saw the end of the customary watermark. It was replaced with a Variable Optical Security Device in the bottom corner.