Clause 3. — (Additional powers exercisable by proclamation.)

Part of Orders of the Day — Coinage Bill – in the House of Commons at 12:00 am on 18th October 1946.

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Photo of Mr George Hall Mr George Hall , Merthyr Tydfil Aberdare 12:00 am, 18th October 1946

I should perhaps have explained myself further. We have under existing legislation coins composed of 50 per cent. silver and 50 per cent. an amalgam of other metals forming an alloy. So far as concerns the 50 per cent. composed of other metals the Government has complete power to take out the zinc or the copper, or to alter the percentage of copper as compared with other metals, without coming to the House. So far as the 50 per cent. silver in the coins is concerned this is not so, and I had hoped that I had made that clear.