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United Kingdom Statutory Instruments


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Statutory Instruments

1971 No. 1123

DECIMAL CURRENCY

The Decimal Currency (End of Transitional Period) Order 1971

Made

13th July 1971

Laid before Parliament

15th July 1971

Coming into Operation

31st August 1971

The Treasury, in exercise of the powers conferred on them by section 16(1) of the Decimal Currency Act 1969 and of all other powers enabling them in that behalf, hereby make the following Order:-

1. This Order may be cited as the Decimal Currency (End of Transitional Period) Order 1971, and shall come into operation on 31st August 1971.

2. The Interpretation Act 1889 shall apply for the interpretation of this Order as it applies for the interpretation of an Act of Parliament.

3. The transitional period, as defined in section 16(1) of the Decimal Currency Act 1969, shall end with 31st August 1971.

Bernard Weatherill

P. L. Hawkins

Two of the Lords Commissioners of Her Majesty's Treasury

13th July 1971

EXPLANATORY NOTE

This Order brings to an end on 31st August 1971 the transitional period under the Decimal Currency Act 1969. After the end of the transitional period all payments have to be made in the new currency, and the threepence and penny of the old currency cease to be legal tender.


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