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The purpose of the instrument is to undertake a biannual update of the places and corresponding currencies in which payment of a fee may be made.
The instrument repeals LIN 19/002 (F2018L01824) under paragraphs 5.36(1)(a) and (b) of the Regulations and in accordance with subsection 33(3) of the Acts Interpretation Act 1901, which states that where an Act confers a power to make, grant or issue any instrument of a legislative or administrative character, the power shall be construed as including a power exercisable in the like manner and subject to the like conditions (if any) to repeal, rescind, revoke, amend, or vary any such instrument.
The instrument operates to specify, under paragraphs 5.36(1)(a) and (b) of the Regulations, for the payment of a fee, as defined in subregulation 5.36(4) of the Regulations (other than a visa application charge (VAC) payment to which subsection 5.36(3A) of the Regulations applies), the places and corresponding currencies in which those fee payments must be made.
Source: https://www.legislation.gov.au/Details/F2019L00886/Explanatory%20Statement/Text
and https://www.legislation.gov.au/Details/F2019L00886