12
Sec. 4. All securities and judgments in Her Majesty's name, and all debts, &c., &c., to be converted into the currency of the United Kingdom.
Sec. 5. All sums accrued to Her Majesty antecedent to commencement of Act, all public and parochial duties and the accounts of the Receiver General to be made in such currency.
Sec. 6. Receiver General to transfer all balances into such currency.
Sec. 7. All Island cheques or promissory notes and bank notes in circulation at commencement of Act, and dated previously thereto, to bo paid as before provided, but not to be re-issued after commencement of Act. Sec. 8. Currency of foreign countries not affected. Sec. 9. All debts, &c. relating to money, by implica- tion of law, &c., to be construed within the meaning of the Act.
Sec. 10. The doubloon to be a legal tender at the rate of 31. 48.; the silver dollar at the rate of 48. 2d., and the several subdivisions of those coins at the same rates. The gold and silver coins of Great Britain and Ireland to be a legal tender to any amount at the rates they pass current in Great Britain and Ireland. [The part of this section which declares the subdivision of the dollar a legal tender at the rate of 48. 2d. repealed by 5 Vict. cap. 28, and so much of this section as declares that the silver dollar shall be a legal tender repealed by Law 8 of 1876.]
Sec. 11. Possession of lands not affected.
Sec. 12. Act to cominence 31 December 1840.
5 Vict. cap. 28. An Act to repeal part of the 10th clause of the 3 Viet. cap. 39., intituled An Act to provide for the assimilation of the currency of this Island with the currency of the United Kingdom of Great Britain and Ireland. Repeals so much of the clause as declares the subdivisions of the dollar a legal tender at the rate of Is. 2d.
6 Vict. cap. 40. An Act relating to British copper coin. Provides that such copper coin shall be a legal tender to the amount of twelve pence or to such other amounts as may be declared by Proclamation.
An Act to alter and amend so much of 7 Vict. cap. 51. the first clause of 1 Viet. cap. 21., and also so much of the 10th clause of 3 Vict. cap. 39., as relates to the legal tender of British silver coin in this Island. The
13
crown, half-crown, shilling, and sixpence to be a legal tender to any amount, and all smaller coin than sixpence to be a legal tender only to the amount of 40s.
Law 35 of 1869. A Law to authorise the issue of a nickel coinage in this Island.
Sec. 2. Governor may declare certain coins of one penny and one halfpenny in a nickel currency to be current, and a legal tender to the extent of 5s. [This Act repealed, and re-enacted with amendments by Law 49 of 1869.]
Law 49 of 1869. A Law to repeal Law 35 of 1869, entitled A Law to authorise the issue of a nickel coinage in this Island," and to re-enact the same with amendments.
喝喜
Sec. 2. Provides that Governor may issue coins of one penny and one halfpenny in a nickel currency, which shall be a legal tender to the extent of one shilling and of one sixpence respectively. The remaining sections 3 to 6 relate to offences against such coin.
Law 21 of 1872. The Coin Law, 1872." This Law relates entirely to offences relating to the current coinage.
Law 8 of 1876.
To amend 3 Vict. cap. 39.
Sec. 1. Repeals so much of the tenth section of the Act 3 Vict. cap. 39. as declares that the silver dollar shall be a legal tender.
Sec. 2. Declares that the silver dollar shall cease to be a legal tender.
Law 10 of 1880. A Law to extend to the Turks Islands the Law for the demonetization of the silver dollar.
Low 13 of 1880. A Law to supplement the provisions of Law 49 of 1869, authorizing the issue of a nickel coinage. Authorises the Governor to issue coins of the value of one farthing in a nickel coinage.
Proclamations issued bearing on the coinage of the following dates :-
14 September 1838. 19 August 1853.
9 March 1854.
23 October 1863.
10 November 1866.
11 November 1869.
The paper currency consists of the notes of the Colonial Bank, which is the only bank carrying on busi- ness in the Island. This bank commenced business
20