3Power to regulate coinage by proclamation

Her Majesty may from time to time by proclamation made with the advice of Her Privy Council—

a

determine the denominations of coins to be made at the Mint;

b

determine the design of any coin ;

c

determine the weight and composition and the remedy to be allowed in the making of any coins other than gold coins, silver coins of the Queen's Maundy money and cupro-nickel or bronze coins of the denominations specified in Part II of Schedule 1 to this Act;

d

determine the dimensions of any coins other than cupro-nickel or bronze coins of the denominations specified in Part II of Schedule 1 to this Act;

e

call in coins of any date or denomination, or coins made before a date specified in the proclamation ;

f

direct that coins made by the Mint other than gold, silver, cupro-nickel and bronze coins shall be current and be legal tender for payment of any amount not exceeding such amount (which must not be greater than £10) as may be specified in the proclamation ;

g

regulate any matter relating to coinage which was, before the passing of the [1870 c. 10.] Coinage Act 1870, within the prerogative of the Crown and is not provided for by this Act nor was provided for by that Act;

h

revoke or alter any proclamation previously made under this section.