Decimal Currency Act, 1990

Provision and issue by Minister of coins denominated in European currency units.

2.—(1) The Minister may provide coins of such denominations in European currency units, of such designs, of such dimensions, of such weights and of such metal, or of such metals and composition, as he may determine.

(2) Coins provided under this section may be issued and put on sale to the public by the Minister through the Central Bank.

(3) The prices of coins put on sale under subsection (2) shall be determined by the Minister.

(4) A tender of a coin issued under this section shall not be legal tender for the payment of any amount and a holder of such a coin shall not be entitled to demand any value denoted thereon or the equivalent of that value in the currency of any state.

(5) Sections 6 and 13 of the Principal Act shall apply to coins provided under this section.

(6) Sections 7, 11 and 20 of the Principal Act shall apply to coins issued under this section.

(7) Section 57 of the Copyright Act, 1963 , shall apply to coins issued under this section.