Coinage Act, 1870

Regulations by proclamation.

11. It shall be lawful for Her Majesty, with the advice of Her Privy Council, from time to time by proclamation to do all or any of the following things; namely,

(1.) To determine the dimension of and design for any coin:

(2.) To determine the denominations of coin to be coined at the Mint:

(3.) To diminish the amount of remedy allowed by the first schedule to this Act in the case of any coin:

(4.) To determine the weight (not being less than the weight (if any) specified in the first schedule to this Act below which a coin, whether diminished in weight by wear or otherwise, is not to be a current or a legal tender:

(5.) To call in coins of any date or denomination, or any coins coined before the date in the proclamation mentioned:

(6.) To direct that any coins, other than gold, silver, or bronze, shall be current and be a legal tender for the payment of any amount not exceeding the amount specified in the proclamation, and not exceeding five shillings:

(7.) To direct that coins coined in any foreign country shall be current, and be a legal tender, at such rates, up to such amounts, and in such portion of Her Majesty’s dominions as may be specified in the proclamation; due regard being had in fixing those rates to the weight and fineness of such coins, as compared with the current coins of this realm:

(8.) To direct the establishment of any branch of the Mint in any British possession, and impose a charge for the coinage of gold thereat; determine the application of such charge; and determine the extent to which such branch is to be deemed part of the Mint, and to which coins issued therefrom are to be current and be a legal tender, and to be deemed to be issued from the Mint:

(9.) To direct that the whole or any part of this Act shall apply to and be in force in any British possession, with or without any modifications contained in the proclamation:

(10.) To regulate any matters relative to the coinage and the Mint within the present prerogative of the Crown which are not provided for by this Act:

(11.) To revoke or alter any proclamation previously made.

Every such proclamation shall come into operation on the date therein in that behalf mentioned, and shall have effect as if it were enacted in this Act.