Currency Act 1982

Currency Act 1982
Currency Act 1982

Parliament of the United Kingdom
Long title An Act to replace section 1(1) of the Decimal Currency Act 1967 so as to sanction references to the new penny as the penny.
Statute book chapter 1982 c.3
Territorial extent England and Wales; Scotland; Northern Ireland
Dates
Commencement 2 February 1982
Other legislation
Related legislation Decimal Currency Act 1967
Status: Current legislation

The Currency Act 1982 (citation 1982 c.3) is an Act to the Parliament of the United Kingdom.

Contents

Background

Following Decimal Day in 1971, when the British monetary system changed from pound/shilling/penny to the metric £1 = 100p system, the new currency was known as the "new pound" and therefore the "new pence". By 1982, the use of "new pence" was out of use, and replaced with "penny".

Provisions

The Act sanctions the use of "penny" rather than "new penny" in common usage.

Application

The Act covers England, Wales, Scotland and Northern Ireland. It is still in force unamended.

References

External links


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