Decimal Currency Act, 1970

Bills of exchange and promissory notes.

2.—(1) A bill of exchange or promissory note drawn or made on or after decimal day shall be invalid if the sum payable is an amount wholly or partly in shillings or pence.

(2) Subsection (1) of this section shall have effect notwithstanding anything contained in any other Act.

(3) A bill of exchange or promissory note for an amount wholly or partly in shillings or pence dated the 15th day of February, 1971, or later shall be deemed to have been drawn or made before the 15th day of February, 1971, if it bears a certificate in writing by a banker that it was so drawn or made.