Coin (No. 2) Act 1697

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Coin (No. 2) Act 1697
Act of Parliament
Coat of Arms of England (1694-1702).svg
Parliament of England
Long title An Act for the better preventing the counterfeiting clipping and other Diminishing the Coine of this Kingdome.
Citation
Territorial extent  England and Wales
Dates
Royal assent 16 May 1698
Commencement 3 December 1697 [c]
Repealed1 May 1832
Other legislation
Amends Coin Act 1696
Repealed by Coinage Offences Act 1832
Relates to Receipt of Exchequer Act 1696
Status: Repealed
Text of statute as originally enacted

The Coin (No. 2) Act 1697 (9 Will. 3. c. 21) [a] was an act of the Parliament of England that strengthened regulations preventing the counterfeiting of coins.

Contents

Background

The preamble to the act stated that counterfeit money was still circulating, despite the passing of the Receipt of Exchequer Act 1696 (8 & 9 Will. 3. c. 28). [1]

Provisions

Section 1 of the act provided that any person receiving silver money suspected of being diminished (other than by reasonable wear) or counterfeit could legally cut, break, or deface such coins, with the person tendering counterfeit money bearing the loss, while legitimate coins, even if cut, must still be accepted at their face value. [1]

Section 2 of the act provided that the Tellers of the Receipt of the Exchequer, their Deputies and Clerks, and the Receivers General of every branch of His Majesty's revenue, aids, impositions, duties, and taxes are required to cut, break, or deface every piece of counterfeit or unlawfully diminished silver money tendered in payment to the Crown, and that they must weigh all silver money received to better distinguish counterfeit coins from legitimate ones, with counterfeit or diminished coins not to be received by or allowed to them upon their respective accounts. [1]

Section 3 of the act continued the Coin Act 1696 (8 & 9 Will. 3. c. 26) until the end of the next session of parliament after 25 March 1701. [1]

Subsequent developments

The whole act was repealed by section 1 of the Coinage Offences Act 1832 (2 & 3 Will. 4. c. 34).

Notes

  1. 1 2 This is the citation in The Statutes of the Realm .
  2. ↑ This is the citation in The Statutes at Large .
  3. ↑ Start of session.

References

  1. 1 2 3 4 Raithby, John, ed. (1963) [1820]. "9° Gul. III.". Statutes of the Realm. Vol. 7: The Statutes of King William III (1695–1701). London: Dawsons. pp. 381–382 – via Hathi Trust.
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