In 1901, notes in circulation in Australia consisted of bank notes payable in gold coin and issued by the trading banks, and Queensland Treasury notes. Bank notes circulated in all States except Queensland, but were not legal tender except for a brief period in 1893 in New South Wales. There were, however, some restrictions on their issue and other provisions for the protection of the public. Queensland Treasury notes were issued by the Queensland Government and were legal tender in that state. Notes of both categories continued in circulation until 1910, when the Commonwealth Parliament passed the "Australian Notes Act 1910" and the "Bank Notes Tax Act 1910". The "Australian Notes Act 1910" prohibited the circulation of state notes as money, and the "Bank Notes Tax Act 1910" imposed a tax of 10%, per annum, on "all bank notes issued or re-issued by any bank in the Commonwealth after the commencement of this Act, and not redeemed". These Acts effectively put an end to the issue of notes by the trading banks and the Queensland Treasury. "The Reserve Bank Act 1959" expressly prohibits persons and states from issuing "a bill or note for the payment of money payable to bearer on demand and intended for circulation".