diff --git a/libsolidity/Compiler.cpp b/libsolidity/Compiler.cpp
index bd6571b9a..d86c939c8 100644
--- a/libsolidity/Compiler.cpp
+++ b/libsolidity/Compiler.cpp
@@ -34,11 +34,11 @@ using namespace std;
 namespace dev {
 namespace solidity {
 
-void Compiler::compileContract(ContractDefinition const& _contract, vector<MagicVariableDeclaration const*> const& _magicGlobals,
+void Compiler::compileContract(ContractDefinition const& _contract,
 							   map<ContractDefinition const*, bytes const*> const& _contracts)
 {
 	m_context = CompilerContext(); // clear it just in case
-	initializeContext(_contract, _magicGlobals, _contracts);
+	initializeContext(_contract, _contracts);
 
 	for (ASTPointer<FunctionDefinition> const& function: _contract.getDefinedFunctions())
 		if (function->getName() != _contract.getName()) // don't add the constructor here
@@ -51,16 +51,14 @@ void Compiler::compileContract(ContractDefinition const& _contract, vector<Magic
 
 	// Swap the runtime context with the creation-time context
 	swap(m_context, m_runtimeContext);
-	initializeContext(_contract, _magicGlobals, _contracts);
+	initializeContext(_contract, _contracts);
 	packIntoContractCreator(_contract, m_runtimeContext);
 }
 
-void Compiler::initializeContext(ContractDefinition const& _contract, vector<MagicVariableDeclaration const*> const& _magicGlobals,
+void Compiler::initializeContext(ContractDefinition const& _contract,
 								 map<ContractDefinition const*, bytes const*> const& _contracts)
 {
 	m_context.setCompiledContracts(_contracts);
-	for (MagicVariableDeclaration const* variable: _magicGlobals)
-		m_context.addMagicGlobal(*variable);
 	registerStateVariables(_contract);
 }
 
diff --git a/libsolidity/Compiler.h b/libsolidity/Compiler.h
index c229a7a8a..073721e06 100644
--- a/libsolidity/Compiler.h
+++ b/libsolidity/Compiler.h
@@ -32,15 +32,15 @@ class Compiler: private ASTConstVisitor
 public:
 	explicit Compiler(bool _optimize = false): m_optimize(_optimize), m_context(), m_returnTag(m_context.newTag()) {}
 
-	void compileContract(ContractDefinition const& _contract, std::vector<MagicVariableDeclaration const*> const& _magicGlobals,
+	void compileContract(ContractDefinition const& _contract,
 						 std::map<ContractDefinition const*, bytes const*> const& _contracts);
 	bytes getAssembledBytecode() { return m_context.getAssembledBytecode(m_optimize); }
 	bytes getRuntimeBytecode() { return m_runtimeContext.getAssembledBytecode(m_optimize);}
 	void streamAssembly(std::ostream& _stream) const { m_context.streamAssembly(_stream); }
 
 private:
-	/// Registers the global objects and the non-function objects inside the contract with the context.
-	void initializeContext(ContractDefinition const& _contract, std::vector<MagicVariableDeclaration const*> const& _magicGlobals,
+	/// Registers the non-function objects inside the contract with the context.
+	void initializeContext(ContractDefinition const& _contract,
 						   std::map<ContractDefinition const*, bytes const*> const& _contracts);
 	/// Adds the code that is run at creation time. Should be run after exchanging the run-time context
 	/// with a new and initialized context.
diff --git a/libsolidity/CompilerStack.cpp b/libsolidity/CompilerStack.cpp
index 5532d74bc..790eb983a 100644
--- a/libsolidity/CompilerStack.cpp
+++ b/libsolidity/CompilerStack.cpp
@@ -113,10 +113,8 @@ void CompilerStack::compile(bool _optimize)
 		for (ASTPointer<ASTNode> const& node: source->ast->getNodes())
 			if (ContractDefinition* contract = dynamic_cast<ContractDefinition*>(node.get()))
 			{
-				m_globalContext->setCurrentContract(*contract);
 				shared_ptr<Compiler> compiler = make_shared<Compiler>(_optimize);
-				compiler->compileContract(*contract, m_globalContext->getMagicVariables(),
-										  contractBytecode);
+				compiler->compileContract(*contract, contractBytecode);
 				Contract& compiledContract = m_contracts[contract->getName()];
 				compiledContract.bytecode = compiler->getAssembledBytecode();
 				compiledContract.runtimeBytecode = compiler->getRuntimeBytecode();
diff --git a/libsolidity/GlobalContext.cpp b/libsolidity/GlobalContext.cpp
index 92ca9548a..c7eea92dc 100644
--- a/libsolidity/GlobalContext.cpp
+++ b/libsolidity/GlobalContext.cpp
@@ -68,7 +68,7 @@ void GlobalContext::setCurrentContract(ContractDefinition const& _contract)
 vector<Declaration const*> GlobalContext::getDeclarations() const
 {
 	vector<Declaration const*> declarations;
-	declarations.reserve(m_magicVariables.size() + 1);
+	declarations.reserve(m_magicVariables.size());
 	for (ASTPointer<Declaration const> const& variable: m_magicVariables)
 		declarations.push_back(variable.get());
 	return declarations;
@@ -83,15 +83,5 @@ MagicVariableDeclaration const* GlobalContext::getCurrentThis() const
 
 }
 
-vector<MagicVariableDeclaration const*> GlobalContext::getMagicVariables() const
-{
-	vector<MagicVariableDeclaration const*> declarations;
-	declarations.reserve(m_magicVariables.size() + 1);
-	for (ASTPointer<MagicVariableDeclaration const> const& variable: m_magicVariables)
-		declarations.push_back(variable.get());
-	declarations.push_back(getCurrentThis());
-	return declarations;
-}
-
 }
 }
diff --git a/libsolidity/GlobalContext.h b/libsolidity/GlobalContext.h
index c6e35f504..dfdc66623 100644
--- a/libsolidity/GlobalContext.h
+++ b/libsolidity/GlobalContext.h
@@ -49,8 +49,6 @@ public:
 	void setCurrentContract(ContractDefinition const& _contract);
 	MagicVariableDeclaration const* getCurrentThis() const;
 
-	/// @returns all magic variables.
-	std::vector<MagicVariableDeclaration const*> getMagicVariables() const;
 	/// @returns a vector of all implicit global declarations excluding "this".
 	std::vector<Declaration const*> getDeclarations() const;
 
diff --git a/test/SolidityCompiler.cpp b/test/SolidityCompiler.cpp
index b4874e195..53daa9dfe 100644
--- a/test/SolidityCompiler.cpp
+++ b/test/SolidityCompiler.cpp
@@ -64,7 +64,7 @@ bytes compileContract(const string& _sourceCode)
 		if (ContractDefinition* contract = dynamic_cast<ContractDefinition*>(node.get()))
 		{
 			Compiler compiler;
-			compiler.compileContract(*contract, {}, map<ContractDefinition const*, bytes const*>{});
+			compiler.compileContract(*contract, map<ContractDefinition const*, bytes const*>{});
 
 			// debug
 			//compiler.streamAssembly(cout);