234296-1937-PROCLAMATION — Page 2

THE HONG KONG GOVERNMENT GAZETTE, JANUARY 8, 1937.

AND WHEREAS it appears to Us by the advice of Our Privy Council that it is expedient to repeal the said Order in Council and to make fresh provision respecting the coins which are to constitute legal tender in the Colony :

NOW THEREFORE, We, by and with the advice of Our Privy Council, and by virtue of all powers vested in Us in that behalf do hereby ordain and enact as follows :-

1. Each of the several coins specified in the Schedule to this Order shall be legal tender in the Colony to the extent stated in that Schedule in respect of each coin until a Pro- clamation shall have been issued under Article 2 of this Order providing that such coin shall no longer be legal tender.

2. The Governor may with the approval of the Com- missioners of Our Treasury and a Secretary of State at any time declare by Proclamation that all or any of the coins referred to in the Schedule to this Order shall cease to be legal tender as from a date to be specified in the Proclamation and such coins shall accordingly cease to be legal tender as from such date; provided that in the case of British dollars the date upon which such coins are to cease to be legal tender shall be not earlier than three months after the date of the Proclama- tion; and as from the date upon which such British dollars cease to be legal tender in the Colony the British Dollar Order, 1895, shall be repealed.

3.-(1) If the Governor at any time requests that any new coins of any denomination whether of silver, copper, nickel, cupro-nickel or other mixed metal, be coined and the Commissioners of Our Treasury and a Secretary 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 be of such design and weight and, if of silver, of such fineness, as may be approved by the Master of Our Mint and by a Secretary of State.

4.-(1) If any new coins are coined they shall, from a 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 particulars of the metal, standard weight, remedy allowance and, in the case of silver coins, fineness, and provided that they have not been dealt with in any manner prohibited by law, be legal tender in the case of coins of denominations of not less than one dollar for the payment of an amount not exceeding one hundred dollars, and in the case of coins of other denomina- tions for the payment of an amount not exceeding two dollars.

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

(3) A coin shall be deemed to have been dealt with in a manner prohibited by law 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 or mark stamped or engraved thereon (whether the coin has or has not been thereby diminished or lightened) or by cutting, punching or chopping in any way whatever.

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