234
A BILL
ENTITLED
44
Short title.
Definitions.
Prohibition of importa- tion or circu-
lation of foreign coin.
Penalty for importing foreign coin.
Penalty for circulation of foreign; coin.
An Ordinance to prohibit the importation and
circulation of certain Foreign Coins.
BE it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows
1. This Ordinance may be cited as the Foreign Silver and Nickel Coin Ordinance, 1913.
2. In this Ordinance :—
"Foreign silver coin" means any coin composed wholly or partly of silver other than those coins specified in Her Majesty's Order-in-Council dated the second day of February, 1895, and published in the Gazette of the thirtieth day of March, 1895.
*Nickel coin " means any coin composed wholly or partly of nickel or other white metal not including silver.
3. The importation into or circulation in this Colony of any foreign silver or nickel coin is prohibited.
4. Any person who imports or attempts to import into this Colony any foreign silver or nickel coin shall be guilty of an offence against the provisions of this Ordinance and shall be liable on summary conviction to a fine not exceed- ing one thousand dollars.
5. Any person who circulates or attempts to circulate any foreigu silver or nickel com in this Colony shall be guilty of an offence against the provisions of this Ordinance and shall be liable on summary conviction to a fine not exceeding fifty dollars.'
6. Any person who shall be found in this Colony to be Penalty for being in in possession of any foreign silver or nickel coin the face possession of value of the aggregate of which exceeds fifty dollars shall foreign coin. be guilty of an offence against the provisions of this Ordinance and shall be liable on summary conviction to a fine not exceeding the face value of the aggregate of the coin so found in his possession.
Confiscation of foreign coin
in respect of which pro- ceedings are brought re- sulting in conviction.
Definitions.
Importation.
Circulation.
Exemption
of bankers
and money. changers.
Date of
7. If any person is convicted of any offence against the provisions of this Ordinance the Magistrate shall order all the foreign silver or nickel coin in respect of which the prosecution which has resulted in the conviction has been brought to be confiscated and the same shall be forfeited to the Treasury.
8. For the purposes of this Ordinance :-
(a) a person shall be deemed to import foreign silver or nickel coin if he brings or causes to be brought into this Colony any foreign silver or nickel coin the face value of the aggregate amount of which exceeds ten dollars; (b.) a person shall be deemed to circulate foreign silver or nickel coin if he tenders, utters, buys, sells, receives, pays, or puts off any foreign silver or nickel coin in the Colony.
9. The provisions of sections 5 and 6 of the Ordinance shall not apply to any bonâ fide banker or licensed money changer.
10. This Ordinance shall come into operation on the 1st coming into day of January, 1914.
operation.
il
a.
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