FOREIGN COPPER COIN ORDINANCE

FOREIGN COPPER COIN ORDINANCE

CHAPTER 67.

FOREIGN COPPER COIN.

To Prohibit the importation and circulation of foreign copper and
bronze coins.

[1st JUly, 1912.]

1. This Ordinance may be cited as the Foreign Copper Coin
Ordinance.

2. The importation and circulation of all kinds of copper or
bronze coins other than such as may by any law be legal tender
in the Colony are prohibited.

3. (i) Any person who imports or attempts to import any
coin the importation of which is prohibited by this Ordinance
shall upon summary conviction be liable, if the coin be of the
amount of five dollars in nominal value or upwards, to a fine of
one thousand 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 tinder 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) Any person importing coin under any such licence who
fails to comply with any of the terms of such licence shall upon
summary conviction be liable to the fine and forfeiture to which
he would have been liable if the licence had not been granted.

4. (1) Any person who circulates or attempts to circulate any
coin the circulation of which is prohibited by this Ordinance shall
upon summary conviction be liable to a fine of twenty-five
dollars and the coin so circulated or attempted to be circulated
shall be forfeited.





(2) For the purposes of this section, a person shall
be deemed to circulate coin if lie 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: Provided also that the pro-
visions of this section shall not apply to any bona fide
banker or to any licensed money-changer.
Originally 11 of 1912. Fraser 11 of 1912. 37 of 1950. Short title. Prohibition of importation and circulation of certain coins. 37 of 1950, Schedule. Penalty for importing without or in contravention of licence. Penalty for circulation. Definition and exemption.

Originally 11 of 1912. Fraser 11 of 1912. 37 of 1950. Short title. Prohibition of importation and circulation of certain coins. 37 of 1950, Schedule. Penalty for importing without or in contravention of licence. Penalty for circulation. Definition and exemption.

https://oelawhk.lib.hku.hk/items/show/1760

1950

v2

67

2