Decimal Currency Act, 1970

Amounts in old currency payable on or after appointed day.

13.—Where an amount of money in the old currency which is not a whole number of pounds—

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

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

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.