The Coinage Act 1971 (c. 24) is an act of the

Parliament of the United Kingdom The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body of the United Kingdom, and may also legislate for the Crown Dependencies and the British Overseas Territories. It meets at the Palace ...

which consolidated prior coinage-related enactments relating to the country's coinage. Among its provisions, which coins (but not notes) are legal tender was redefined and confirms that the

Chancellor of the Exchequer The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, t ...

is the Master of the Mint.

Provisions

Repealed enactments

Section 13 of the act repealed 8 enactments, listed in schedule 3 to the act.

Short title, commencement and extent

Section 14(1) of the act provided that the act may be cited as the Coinage Act 1971. Section 14(2) of the act provided that the act would extend to

Northern Ireland Northern Ireland ( ; ) is a Countries of the United Kingdom, part of the United Kingdom in the north-east of the island of Ireland. It has been #Descriptions, variously described as a country, province or region. Northern Ireland shares Repub ...

. Section 14(3) of the act provided that the act would come into force at the end of the transitional period defined by section 16(1) of the Decimal Currency Act 1969. The Decimal Currency (End of Transitional Period) Order 1971 (SI 1971 No. 1123) defined that the transition period would end with 31 August 1971.

Notes

References

{{Authority control United Kingdom Acts of Parliament 1971 Financial regulation in the United Kingdom Currency law in the United Kingdom