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E+W+S+N.I.
An Act to replace section 1(1) of the Decimal Currency Act 1967 so as to sanction references to the new penny as the penny.
[2nd February 1982]
(1)The denominations of money in the currency of the United Kingdom shall be the pound sterling and the penny or new penny, being one hundredth part of a pound sterling.
(2)Section 1(1) of the M1Decimal Currency Act 1967 (which is superseded by subsection (1) above) is hereby repealed.
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C1The text of s. 1(2) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.
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This Act may be cited as the Currency Act 1982.
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