Currency Act 1982 1982 CHAPTER 3 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. [2nd February 1982]
(1) The denominations of money in the currency of the United Kingdom shall be the pound sterling and the penny or new penny, being one hundredth part of a pound sterling.
(2) Section 1(1) of the M1 Decimal Currency Act 1967 (which is superseded by subsection (1) above) is hereby repealed. Modifications etc. (not altering text) C1 The text of s. 1(2) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991. Marginal Citations M1 1967 c. 47 .
