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Decimal Currency Act 1969

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This is the original version (as it was originally enacted).

2(1)The Pawnbrokers Act 1872 shall be amended in accordance with the following provisions of this paragraph.

(2)In Schedule 3, in the provisions relating to the forms of pawn ticket (as amended by section 6 of the Pawnbrokers Act 1960)—

(a)in forms A, B and C, in the item specifying the charge for the pawn ticket, for the word " twopence " there shall be substituted the words

one new penny;

(b)in forms A and B, for the item specifying the valuation fee there shall be substituted— for valuation fee on receipt of the pledge, on each thirty new pence or part of thirty new pence lent¦¦¦¦¦¦.. one new penny " and, in the item specifying the amount which may be charged for profit, for the words " two shillings or part of two shillings " and " one halfpenny " there shall be substituted respectively the words

twenty-five new pence or part of twenty-five new penceand " one new halfpenny ";

(c)in form C, in the item specifying the amount which may be charged for profit, for the words " two shillings and sixpence or part of two shillings and sixpence " and " one halfpenny " there shall be substituted respectively the words

thirty new pence or part of thirty new penceand " one new halfpenny ".

(3)In Schedule 4—

(a)in Part I, for the words " two shillings or fraction of two shillings lent ¦¦¦¦ one halfpenny ", in both places where they occur, there shall be substituted the words

twenty-five new pence or fraction of twenty-five new pence lent ¦¦¦... one new halfpenny,

and for the words " two shillings and sixpence or fraction of a sum of two shillings and sixpence ¦¦¦... one halfpenny " there shall be substituted the words

thirty new pence or fraction of a sum of thirty new pence ¦¦¦.... one new halfpenny;

(b)in the provisions substituted for Parts II to IV by section 4 of the Pawnbrokers Act 1960 (including those provisions as set out in the Schedule to that Act), for the word

twopence,

in both places where it occurs, there shall be substituted the words

one new penny.

(4)Nothing in the foregoing provisions of this paragraph shall apply to a loan made before the appointed day.

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