His Majesty’s Stationery Office
Currency Act 2008
1 & 2 Max. c. 6
An Act to Establish and Regulate the Currency of the Kingdom of Æfira and the Powers and Duties of His Majesty’s Treasury, and for Related Purposes.
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Be it enacted by the King’s most Excellent Majesty, by and with the advice and consent of the Lords Temporal and Spiritual and Commons in Parliament assembled, and by the authority of the same, as follows:
1. The primary unit of currency of the Kingdom of Æfira shall be the æan, and the secondary unit of currency shall be the penny and shall be equal to one hundredth part of an æan.
2. His Majesty’s Treasury shall be responsible for the issuing of coins and Treasury notes pursuant to section 4, and the oversight of the public finances and the collecting of revenues, imposts, taxes, duties and excises in accordance with any Acts of Parliament relating to the same.
3. The Lord High Treasurer shall direct and oversee the operation of His Majesty’s Treasury.
4.
(1) His Majesty may by Order in Council direct the Lord High Treasurer to issue coins in the currency of the Kingdom of Æfira, and may determine the denominations, compositions, weights, dimensions and designs thereof.
(2) His Majesty may by Order in Council direct the Lord High Treasurer to issue Treasury notes in the currency of the Kingdom of Æfira, and may determine the denominations, designs and other characteristics thereof.
4A. Coins and Treasury notes issued under this Act shall be legal tender in payment of all debts.
5. This Act may be cited as the Currency Act 2008.