The Trial of the Pyx (Amendment) Order 2016

Statutory Instruments

2016 No. 1216

Coinage

The Trial of the Pyx (Amendment) Order 2016

Made

14th December 2016

Coming into force

15th December 2016

At the Court at Buckingham Palace, the 14th day of December 2016

Present,

The Queen’s Most Excellent Majesty in Council

Her Majesty, in exercise of the powers conferred on Her by section 8(2) and (3) of the Coinage Act 1971(1), is pleased, by and with the advice of Her Privy Council, to order as follows:

Citation and commencement

1.  This Order may be cited as the Trial of the Pyx (Amendment) Order 2016 and comes into force on 15th December 2016.

Amendment of the Trial of the Pyx Order 1998

2.—(1) The Trial of the Pyx Order 1998(2) is amended as follows.

(2) In article 3(1) (coins to be set apart by the Mint for trial)—

(a) in paragraph (a), for “2,000” substitute “10,000”;

(b) in paragraph (c), for “3,000” substitute “15,000”;

(c) in paragraph (e), for “5,000” substitute “20,000”;

(d) in paragraph (f), for “5,000” substitute “30,000”; and

(e) in paragraph (g), for “5,000” substitute “10,000”.

Ceri King

Deputy Clerk of the Privy Council

EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends the Trial of the Pyx Order 1998 (S.I. 1998/1764), so as to alter the provision governing the number of coins to be set apart by the Royal Mint for trial.

An impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

(1)

1971 c.24. Section 8(2)(d) was amended by S.I. 2009/2748.

(2)

S.I. 1998/1764; relevant amending instruments are S.I. 2005/254 and S.I. 2012/2746.