S.I. No. 268/1993 - Coinage (Weight and Remedy Allowance of Ten Pence Coin) Order, 1993.


S.I. No. 268 of 1993.

COINAGE (WEIGHT AND REMEDY ALLOWANCE OF TEN PENCE COIN) ORDER, 1993.

I, BERTIE AHERN, Minister for Finance, in exercise of the powers conferred on me by subsection (3A) (inserted by section 125 of the Central Bank Act, 1989 (No. 16 of 1989)) of section 3 of the Decimal Currency Act, 1969 (No. 23 of 1969), hereby order as follows:

1. (1) This Order may be cited as the Coinage (Weight and Remedy Allowance of Ten Pence Coin) Order, 1993.

(2) This Order shall come into operation on the 1st day of November, 1993.

2. The First Schedule to the Decimal Currency Act, 1969 (No. 23 of 1969), is hereby amended, opposite the mention of ten pence in column (1), by—

( a ) the substitution in column (2) of "£5.45000" for "11.31036", and

( b ) the substitution in column (4) of "0.0450" for "0.0646", and the said Schedule, in so far as it relates to a coin of the denomination of ten pence, as so amended, is set out in the table to this Article.

TABLE

(1)

(2)

(3)

(4)

Remedy Allowance

Denomination of Coin

Standard Weight (grams)

Standard Composition

Weight (grams) — applicable to the average weight of a coin in a sample of not more than one kilogram of the coin in question

Composition

Ten Pence

5.45000

75 per cent.

copper, 25

per cent.

nickel

0.0450

2 per cent.

GIVEN under my Official Seal, this 16th day of September, 1993.

BERTIE AHERN,

Minister for Finance.

EXPLANATORY NOTE.

This Order provides for the issue of a new 10p coin of the weight and remedy allowance specified in the Order.