FOREIGN SILVER AND NICKEL COIN ORDINANCE

FOREIGN SILVER AND NICKEL COIN ORDINANCE

CHAPTER 69.

FOREIGN SILVER AND NICKEL COIN.

To prohibit the importation and circulation of certain

foreign coins.

[1st March, 1914.]

1. This Ordinance may be cited as the Foreign Silver and
Nickel Coin Ordinance.

2. For the purposes of this Ordinance-

(a)'foreign silver or nickel coin' means any coin
composed wholly or partly of silver or nickel other than
such as may by any law be legal tender in the Colony;

(b)a person shall be deemed to import foreign silver or
nickel coin if he brings or causes to be brought into the
Colony any foreign silver or nickel coin the face value
of the aggregate of which exceeds ten dollars;

(c)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.

3. The importation into and circulation in the Colony of any
foreign silver or nickel coin are prohibited.

4. (1) Any person who imports or attempts to import into the
Colony any foreign silver or nickel coin shall be guilty of an
offence and shall upon summary conviction be


liable to a fine of one thousand dollars.

(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) 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.





5. Any person who circulates or attempts to circulate any foreign
silver or nickel coin in the Colony shall be guilty of an offence and
shall upon summary conviction be liable to a fine of fifty dollars.

6. Any person who is found in the Colony to be in possession
otherwise than in accordance with the terms of a licence granted under
the provisions of subsection (2) Of section 4 of any foreign silver or
nickel coin the face value of the aggregate of which exceeds fifty
dollars shall be guilty of an offence and shall upon summary
conviction be liable to a fine not exceeding the face value ofthe
aggregate of the coin so found in his possession.

7. It shall be lawful for the Governor in Council to order that the
whole or any part of the provisions of sections 4 and 6 shall be
suspended for such period and in such parts of the Colony as may in
the opinion of the Governor in Council be desirable.

8. 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 offence has been committed
to be confiscated and the same shall be forfeited : Provided however
that if, in the event of any person being convicted of an offence
against the provisions of subsection (i) of section 4, the magistrate is
satisfied that the coin imported or attempted to be imported was not
intended for use in the Colony, the coin so imported or attempted to be
imported shall not be so ordered by him to be confiscated and
forfeited.

9. The provisions of sections 5 and 6 shall not apply to any bona
fide banker or licensed money-changer.
Note:The provisions of sections 4 and 6 were suspended throughout the
Colony by Order of the Governor in Council dated 2nd March,
1914.
Original 15 of 1913. Fraser 15 of 1913. 37 of 1950. Short title. Interpretation. 37 1950 Schedule. Prohibition of importation and circulation. Penalty for importing foreign coin. Special licence to import. Penalty for breach of terms of licence. Penalty for circulation of foreign coin. Penalty for being in possession of foreign coin. Governor in Council may suspend ss. 4 and 6. (See note.) Confiscation of foreign coin in respect of which offence has been committed. Exemption of bankers and money-changers.

Original 15 of 1913. Fraser 15 of 1913. 37 of 1950. Short title. Interpretation. 37 1950 Schedule. Prohibition of importation and circulation. Penalty for importing foreign coin. Special licence to import. Penalty for breach of terms of licence. Penalty for circulation of foreign coin. Penalty for being in possession of foreign coin. Governor in Council may suspend ss. 4 and 6. (See note.) Confiscation of foreign coin in respect of which offence has been committed. Exemption of bankers and money-changers.

https://oelawhk.lib.hku.hk/items/show/1762

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