Decimal Currency Act, 1970

Payments by cheque, bill of exchange or promissory note in certain cases.

6.—Where an amount of money in the old currency which includes shillings or pence and which—

(a) having become due for payment before decimal day, stands not paid on the commencement of that day, or

(b) becomes due for payment on or after that day and before the appointed day,

is paid by cheque, by bill of exchange other than cheque or by promissory note, the amount payable in respect of so much of it as is in shillings or pence shall be the corresponding amount in the new currency calculated in accordance with the Schedule to this Act.