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The Trial of the Pyx (Amendment) Order 1990

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Statutory Instruments

1990 No. 1201

COINAGE

The Trial of the Pyx (Amendment) Order 1990

Made

7th June 1990

Coming into force

8th June 1990

At the Court at Buckingham Palace, the 7th day of June 1990

Present,

The Queen’s Most Excellent Majesty in Council

Her Majesty, in pursuance of section 8(2) and (3) of the Coinage Act 1971(1) and of all other powers enabling Her in that behalf, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:—

Citation and commencement

1.  This Order may be cited as the Trial of the Pyx (Amendment) Order 1990 and shall come into force on 8th June 1990.

Amendment of the principal Order

2.  The Trial of the Pyx Order 1975(2) shall be amended—

(1) by inserting in article 2(1) (Interpretation) before the definition of “the Goldsmiths' Company” the following—

“ coins ready for issue” means current coins which are held by the Royal Mint for the purpose of being put into circulation or have been issued to banks for that purpose, and includes silver Maundy coins;; and

(2) by deleting sub-paragraphs (d) and (e) of article 3(1) and the proviso thereto and substituting the following:—

(d)(i)one coin out of every 5,000 cupro-nickel coins of a denomination of more than ten pence ready for issue; and

(ii)one coin out of every 20,000 cupro-nickel coins of a denomination of more than ten pence ready for issue;

  • Provided that where in any year the total number of cupro-nickel coins subject to trial is less than 250 million, one coin out of every 5,000 such cupro-nickel coins shall be selected at random and set aside, irrespective of the denominations of those coins; and

    (e)

    one coin out of every 5,000 nickel brass coins ready for issue.

  • Provided always that the Deputy Master of the Mint shall ensure that of the coins ready for issue not less than 10 coins of each denomination, other than silver Maundy coins, and in the cases of silver Maundy coins, not less than 10 such coins, shall be selected at random and set apart, irrespective of the number of such coins that are ready for issue.

G. I. de Deney

Clerk of the Privy Council

Explanatory Note

(This note is not part of the Order)

This Order amends the Trial of the Pyx Order 1975 by inserting a definition of “coins ready for issue”. It also amends article 3(1) of that Order to provide that the sample of cupro-nickel coins to be provided for the Trial of the Pyx shall be one coin out of every 5,000 coins of a denomination of more than ten pence ready for issue,and one coin out of every 20,000 coins of a denomination of ten pence or less unless the total number of cupro-nickel coins subject to trial in any year is less than 250 million, in which case the sample is to be one coin out of every 5,000 ready for issue, irrespective of denomination.

(1)

1971 c. 24, to which there are amendments not relevant to this Order.

(2)

S.I. 1975/2192; relevant amending Instruments are S.I. 1980/1967, 1983/612.

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