Coinage Act 1946

JurisdictionUK Non-devolved
Citation1946 c. 74
Year1946


Coinage Act, 1946

(9 & 10 Geo. 6.) CHAPTER 74.

An Act to provide for a coinage other than silver to be legal tender for payments up to forty shillings, and for consequential amendments of enactments relating to silver coin; to amend the law as to the fineness of silver coins of the King's Maundy monies; and to confer further powers as to the purchase of metal for coinage.

[6th November 1946]

B E it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—

S-1 Cupro-nickel coins to be legal tender for payments up to forty shillings.

1 Cupro-nickel coins to be legal tender for payments up to forty shillings.

1. A tender of payment of money, if made in coins of cupronickel which have been issued by the Mint in accordance with the provisions of this Act, and have not been called in by any proclamation made in pursuance of the Coinage Act, 1870(in this Act referred to as ‘the principal Act’), shall be a legal tender for a payment of an amount not exceeding forty shillings, but for no greater amount.

S-2 Weight and composition of cupro-nickel coins.

2 Weight and composition of cupro-nickel coins.

2. All coins of cupro-nickel made at the Mint of the denominations mentioned in the Schedule to this Act shall be of the weight and composition specified in that Schedule, and if any coin of cupro-nickel but of any other denomination than that of the coins mentioned in that Schedule is hereafter coined at the Mint, such coin shall be of the same composition as current cupro-nickel coins and of a weight bearing the same proportion to the weight specified in that Schedule as the denomination of such coin bears to the denominations therein mentioned:

Provided that in the making of such coins a remedy (or variation from the standard weight and composition specified in that Schedule) shall be allowed not exceeding the remedy allowance therein specified.

S-3 Additional powers exercisable by proclamation.

3 Additional powers exercisable by proclamation.

3. The powers exercisable by proclamation by virtue of section eleven of the principal Act shall include powers—

a ) to diminish the remedy allowed by this Act in the case of any coin
b ) to vary the provisions of the Schedule to this Act as to the composition of coins of cupro-nickel
c ) to make as respects coins of a metal or mixture of metals other than cupro-nickel (whether or not including copper or nickel), not being of a denomination less than threepence which have been issued by the Mint in accordance with the provisions of the proclamation, the like provision as is made by section one of this Act, together with provision as to the weight and composition of such coins and the amount of remedy to be allowed in the making of such coins, so, however, that nothing in this paragraph shall be construed as authorising any variation of the provisions of the Coinage Acts, 1870 to 1920, as to coins of gold, silver or bronze.
S-4 Standard trial plates.

4 Standard trial plates.

(1) The Board of Trade shall cause to be made and verified standard trial plates to be used for determining the justness of cupro-nickel coins issued from the Mint, or of coins so issued of any other metal or mixture of metals specified in any proclamation made under the power conferred by paragraph (c ) of section three of this Act.

(2) The plates to be so used shall be, as respects coins of cupro-nickel, of pure copper and pure nickel, and, as respects coins of any other metal or mixture of metals, of such composition as may be prescribed by the proclamation under which the coins are made.

(3) Plates shall be made as aforesaid from time to time when necessary, and the provisions of section sixteen of the principal Act as to the...

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