Legal Tender
(Coins) (Jersey) Order 2017
Official
Consolidated Version
This is an official
version of consolidated legislation compiled and issued under the authority of
the Legislation (Jersey) Law 2021.
Showing the law
from 1 January 2019 to Current
Legal Tender
(Coins) (Jersey) Order 2017
1 Interpretation
In this Order, the “Law” means the Decimal Currency (Jersey) Law 1971.
2 Additional
category of coins specified as legal tender
(1) Coins of the
denomination of £1 and of the description set out in paragraph (2)
which are issued in a manner described in Article 4(1) of the Law shall be
legal tender for the payment of any amount.
(2) The description
mentioned in paragraph (1) is: 12-sided, bi-metallic coins with joined
concentric inner and outer sections, of either –
(a) as to
the inner section, silver alloy and as to the outer section, gold-plated silver
alloy; or
(b) as to
the inner section, nickel-plated metal alloy and as to the outer section,
nickel-brass,
and in each case bearing the security features set out in paragraph (3).
(3) The security features
mentioned in paragraph (2) are –
(a) micro-lettering
on the lower rim of both the obverse and reverse face;
(b) milled
grooves on alternate sides of the outer edges; and
(c) a
latent (holographic) image changing, when a coin is viewed from varying angles,
from the symbol “£” to the symbol “1”.
3 Calling
in of £1 coins
Coins of the denomination of £1 and issued prior to 28th
March 2017 in pursuance of the Law or of Article 2 of the Decimal
Currency (Jersey) Law 1969 shall be called in by no later than 15th
October 2017.
4 Citation
This Order may be cited as the Legal Tender (Coins) (Jersey)
Order 2017.