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the said dollars at the rate of 4s. 2d. each of like money, and the several aliquot subdivisions at proportionate This section, so far as it relates to the currency of foreign silver coins repealed by Act No. 3 of 1876, which see.
rates.
Sec. 10. Not to prevent Her Majesty from varying the rates of coin.
Sec. 11. Act to commence 1 January 1842.
1861. An Act to amend an Act, entitled An Act to provide for the assimilation of the currency and moneys of account of the Bermuda Islands to the currency and moneys of account of the United Kingdom of Great Britain and Ireland. Repeals section 8 of Act of 1841, and enacts that the several coins which at the commence- ment of the Act are, or at any time thereafter may be, current in the United Kingdom shall circulate and be current in Bermuda at the same nominal as well as real value as in the United Kingdom. Nothing to prevent Her Majesty from varying rates at which any coin or
be current in the Islands, coins may
1876. An Act to amend the law relating to the currency and value of certain foreign silver coin, and other purposes.
Sec. 1 repeals so much of the 9th section of the Act of 1841 as relates to the currency of foreign silver coins, and provides that thereafter no person in Bermuda shall be bound or obliged to receive payment in any foreign silver coins.
Sec. 2. Power reserved to Her Majesty for varying rates of coins.
Sec. 3. Payments made in copper or bronze coins restricted to eleven pence.
There is also an Act, not now of importance, passed 26 April 1794, directing in what manner a copper coinage, manufactured in Birmingham to the amount of 2001. sterling for the use of the Bermuda Islands, should be issued.
Whether the first-mentioned of the above Bermuda Acts remains in force depends on the continuance or revocation of Queen Anne's Proclamation of 18 June 1704, referred to therein. If the Proclamation has not been revoked, the Act remains in force.
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FALKLAND ISLANDS.
FALK- LAND
States that there are no local laws relating to currency ISLANDS. in force in the Colony.
The latest Blue Book (1879) states that the coins are principally British silver and that there are very few foreign coins.
The current value is given as follows:-
Mexican, silver dollar, 48. French, five franc piece, 4s. Brazillian, two milreis, 48.
Chilian, 20 cent piece, 8d.
There is no paper currency in circulation, and the accounts are kept in British sterling.
JAMAICA.
24 Geo. 2. cap. 19. part of sec. 9. No payment shall be deemed good but in current coin of gold or silver, unless when both parties agree for payment in sugar or other produce.
1 Vict. cap. 21. sec. 3. Provides that whon payment is demanded of several bank notes, or any other engage- ment, at the same time, reference shall be had to the sum of the whole amount so demanded, and the question as to a legal tender shall be construed accordingly, and a tender of British silver, made separately on each such note, &c., although the amount of each such note, &c., shall not exceed five pounds, shall in no case be held or deemed a legal tender when demand is made for payment of more than one of such notes to an amount above five pounds at one and the same time. [Amended by 7 Vict. cap. 51.]
3 Vict. cap. 39. An Act to provide for the assimila- tion of the currency of this Island with the currency of the United Kingdom of Great Britain and Ireland.
Sec. 1. Currency of the United Kingdom to be the currency of the Island.
Sec. 2. Every sum of the currency of the Island for any gifts, grants, &c., to be equivalent to 1001. currency of the United Kingdom for every 1661. 13s. 4d. of the present currency of the Island.
Sec. 3. All sums for taxes, &c. to be converted into the currency of the United Kingdom.
72/78
1972
JAMAICA. 88/79 2148
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