Decimal Currency Act, 1970
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Amendment of references to shillings and pence in statutes and statutory instruments. |
9.—(1) Subject to the provisions of this section and of any order made under section 10 of this Act, where a statute or statutory instrument passed or made before decimal day contains a reference to an amount of money in the old currency which is not a whole number of pounds, that reference shall, in so far as it refers to an amount in shillings or pence, be read on and after decimal day as referring to an amount in the new currency calculated on the basis of one shilling being equal to five new pence and one penny being equal to five twelfths of a new penny. | |
(2) Subsection (1) of this section— | ||
(a) does not apply to a reference contained in this Act or any statutory instrument made thereunder or in any other statute or statutory instrument relating to coinage or currency, and | ||
(b) does not apply to a reference contained in a statute or statutory instrument if a contrary intention appears in a statute or statutory instrument passed or made after the passing of the Act of 1969. |