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Coinage Act 1971

Status:

This is the original version (as it was originally enacted).

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.

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