FOREIGN COPPER COIN.
No. 11 of 1912.
2245
2. The importation and circulation of all kinds of copper or bronze coins, other than those 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, and other than Chinese copper and cash, are prohibited.
Prohibition of foreign copper and bronze coins.
3.-(1) If any person imports or attempts to import any coin the importation of which is prohibited by this Ordinance he shall be liable on summary conviction if the coin be of the amount of 5 dollars in nominal value or upwards, to a fine not exceeding 1,000 dollars, and in any event, unless the Magistrate is satisfied that the coin imported was not intended for use in the Colony, the coin so imported or attempted to be imported shall be forfeited.
Penalty for importing without licence.
(2) The provisions of this section shall not apply to any coin imported under a licence in writing under the hand of the Colonial Secretary. Every such licence shall specify the terms on which such coin may be imported.
(3) If any person importing coin under any such licence fail to comply with any of the terms of such licence he shall be liable on summary conviction to the fine and forfeiture to which he would have been liable if the licence had not been granted.
4.-(1) If any person circulates or attempts to circulate any coin the circulation of which is prohibited by this Ordinance, he shall be liable on summary conviction to a fine not exceeding 25 dollars and the coin so circulated or attempted to be circulated shall be forfeited.
Penalty for circulation.
(2) For the purposes of this section a person shall be deemed to circulate coin if he tenders, utters, buys, sells, receives, or pays it, or puts it off, provided always that a person shall not be deemed to circulate coin, if he gives such coin to a bona fide banker or to a licensed money-changer either in exchange for other coins or notes or for any other purpose and provided also that the provisions of this section shall not apply to any bona fide banker or to any licensed money-changer.
Definition and exemption.
[s. 5, rep. No. 43 of 1912.]
No. 12 of 1912, incorporated generally.
No. 13 of 1912, incorporated generally.
* See Vol. 3 pp. 25-29.
FOREIGN COPPER COIN.
No. 11 of 1912.
2245
of importa-
2. The importation and circulation of all kinds of copper or bronze Prohibition coins, other than those specified in Her Majesty's Order-in-Council tion and
of foreign dated the second day of February, 1895, and published in the circulation Gazette of the thirtieth day of March, 1895, and other than Chinese copper and cash, are prohibited.
bronze coins.
*
importing
travention
3.-(1) If any person imports or attempts to import any coin Penalty for the importation of which is prohibited by this Ordinance he without or shall be liable on summary conviction if the coin be of the amount in con- of 5 dollars in nominal value or upwards, to a fine not exceeding of licence. 1,000 dollars, and in any event, unless the Magistrate is satisfied that the coin imported was not intended for use in the Colony, the coin so imported or attempted to be imported shall be forfeited.
(2) The provisions of this section shall not apply to any coin imported under a licence in writing under the hand of the Colonial Secretary. Every such licence shall specify the terms on which such coin may be imported.
(3) If any person importing coin under any such licence fail to comply with any of the terms of such licence he shall be liable on summary conviction to the fine and forfeiture to which he would have been liable if the licence had not been granted.
circulation.
4.-(1) If any person circulates or attempts to circulate any coin Penalty for the circulation of which is prohibited by this Ordinance, he shall be liable on summary conviction to a fine not exceeding 25 dollars and the coin so circulated or attempted to be circulated shall be forfeited.
and
(2) For the purposes of this section a person shall be deemed to Definition circulate coin if he tenders, utters, buys, sells, receives, or pays it, exemption. or puts it off, provided always that a person shall not be deemed to circulate coin, if he gives such coin to a bona fide banker or to a licensed money-changer either in exchange for other coins or notes or for any other purpose and provided also that the pro- visions of this section shall not apply to any bonâ fide banker or to any licensed money-changer.
[s. 5, rep. No. 43 of 1912.]
No. 12 of 1912, incorporated generally.
No. 13 of 1912, incorporated generally.
* See Vol. 3 pp. 25-29.
No comments yet.
Private notes are available after approval.