Coinage Act 1971 Explained

Short Title:Coinage Act 1971
Type:Act
Parliament:Parliament of the United Kingdom
Long Title:An Act to consolidate, so far as they are part of the law of the United Kingdom, the Coinage Acts 1870 to 1946 and certain other enactments relating to coinage, with amendments to give effect to recommendations of the Law Commission and the Scottish Law Commission.
Citation:1971 c. 24
Royal Assent:12 May 1971
Replaces:Coinage Act 1870
Status:Amended
Original Text:http://www.legislation.gov.uk/ukpga/1971/24/enacted
Revised Text:http://www.legislation.gov.uk/ukpga/1971/24

The Coinage Act 1971 (c. 24) is an act of the Parliament of the United Kingdom 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[1] and confirms that the Chancellor of the Exchequer is the Master of the Mint.

Notes and References

  1. Web site: Legal Tender Guidelines. Royal Mint. 2 June 2017.