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Coinage Act 1971

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Coinage Act 1971

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 and confirms that the Chancellor of the Exchequer is the Master of the Mint.

Section 13 of the act repealed 8 enactments, listed in schedule 3 to the act.

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.

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.

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