CO129-265 - Public Offices & Others - 1894 — Page 583

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

New dollars

New sub- sidiary coins

Legal tender.

These hand in the Thaits order?

7

7

( 2 )

(3.) The coins mentioned in the Second Schedule to this Order shall be treated as equal to the standard coin.

:

2. If, on the report of the Governor of the Colony, the Com- missioners of Our Treasury and a Secretary of State from time to time declare that they consider any dollar not mentioned in the Second Schedule to this Order to be equivalent in value to the standard coin, or to any of the dollars therein mentioned, then, after the date fixed by the Governor in a proclamation stating the declara- tion, and setting forth in a Schedule the same particulars with respect to the dollar as are set forth in the said Second Schedule, this Order shall apply as if the Schedule to the proclamation were added to the Second Schedule to this Order.

3.-(1) If the Governor of the Colony at any time requests that any new subsidiary coins of less value than the dollar, whether of silver, copper, or mixed metal, be coined, and the Commissioners of Our Treasury and a decretary of State approve such request, those new coins may be so coined under the direction of the Master of Our Mint, or at one of Our Mints in British India.

(2.) Such new coins shall have either the same impression as the coins specified in the Third Schedule to this Order (in this Order referred to as existing coins) or such other impressions as may be approved of by the Master of Our Mint and a Secretary of State.

(3.) Any such new coin may be of the same denomination as any existing subsidiary coin, or of a different denomination.

(4.) Every such new coin, if of silver, shall be of the same fineness as the existing silver coins, and of a weight bearing the same pro- portion to the weights of the existing silver coins as the denomination of the new coin bears to the denominations of the existing coins,

(5.) The remedy of weight allowed both on the existing coins and on the new coins shall be such that the gross deviation in weight on such number of coins of any given denomination as amount to the value of a dollar shall not exceed that allowed on the British dollar.

4.-(1.) A tender of payment of money in the colony, if made in the standard coin or in any coins specified in the Second or Third Schedules to this Order, shall, if the coins [qu. have not been illegally dealt with, and] if of silver have not become diminished in weight by wear or otherwise, so as to be of less weight than the weight specified in the said schedules as the least current weight, be a legal tender-

(a) in the case of dollars and [standard] half-dollars, for the

payment of any amount;

( 3 )

(b) in the case of the other silver coins for the payment of an amount not exceeding two dollars, but for no greater amount; (c) in the case of coins of copper or mixed metal, for the payment of an amount not exceeding one dollar, but for no greater amount:

(2.) Each coin shall be a legal tender only for the amount of its denomination.

(3.) If any new coins are coined, this article shall, after the date fixed by the Governor in a proclamation made with the approval of the Commissioners of Our Treasury and a Secretary of State, setting forth in a schedule the same particulars with respect to each coin as are set forth in the Third Schedule to this Order, apply to the new coins as if the schedule to the proclamation were added to that Third Schedule.

[Qu. (4.) For the purposes of this Order, a coin shall be deemed to have been illegally dealt with where the coin has been impaired, diminished, or lightened otherwise than by fair wear and tear, or has been defaced by having any name, word, device, or number stamped or engraved thereon, whether the coin has or has not been thereby diminished or lightened.]

5. On the commencement of this Order the Order in Council of Repeal of the 21st day of October, 1890, regulating the currency of the Colony, prior laws. and all other laws regulating legal tender in the Colony shall cease

to be in force.

contracts.

6. Nothing in this Order, nor any repeal of law by this Order Saving for shall affect any liability incurred, contract made, or other thing done before the commencement of the Order,

7. In this Order-

The expression "Governor means the Governor of the Colony, and includes the officer for the time being administering the government of the Colony.

The expression "Secretary of State" means one of Our Principal

Secretaries of State.

Words in the singular include the plural, and words in the plural

include the singular.

Definitions.

8. This Order may be cited as the Straits Settlements (Coinage) Short life. Order, 1895.

9. This Order shall come into operation on the

Commence-

day of

1

A 2

or any earlier day on which it is pro- claimed in the Colony by the Governor, and that day is in this Order referred to as the commencement of the Order.

35.

ment of Order.

575

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