Page:Statutes of Canada, Victoria 31, Part 2.djvu/124

1868. some other currency than that hereby established was intended, shall on or after the said day be payable by a sum in the new currency hereby established, of equal value with that by which it would have been payable in any other currency if this section had not been passed, that is to say, if such sum would have been payable in the present currency of Ontario, Quebec or New Brunswick, then for every twenty-two cents and forty mills of such sum, twenty-three cents and twenty-two mills of the new currency shall be paid, or such percentage of difference in either case as the Governor may fix by Proclamation as equivalent to the difference in value of the two currencies; and if such sum would have been payable in the present currency of Nova Scotia, then for every one hundred and twenty cents of such sum one hundred and twenty-one cents of the new currency shall be paid; but except as aforesaid, all sums of money payable in Canada after the day appointed for the coming into force of the enactments contained in this Section, shall be payable in the new currency.

2. And for the prevention of doubts be it enacted, that all sums mentioned in dollars and cents in the Imperial Act known as the British North America Act, 1867, and in all Acts of the Parliament of Canada passed in the present or in any future session, shall, unless it be otherwise expressed, be understood, as well with respect to the Province of Nova Scotia as to the other Provinces composing the Dominion of Canada, to be sums in the present currency of the Provinces of Quebec, Ontario and New Brunswick, subject only to the following exception, that is to say;—The duties, penalties and other sums of money, mentioned in the Act of the Parliament of Canada, passed in the present session, and intituled: An Act respecting the Inland Revenue, shall as regards all such duties, penalties or sums of money accrued, incurred or payable in the Province of Nova Scotia, before the first day of July, one thousand eight hundred and sixty-eight, be understood to be sums of the then currency of that Province, but as regards all such duties, penalties or sums of money accrued, incurred or payable on or after the said day, they shall be understood to be of the same amount and payable in the same currency, in Nova Scotia as in the other Provinces of Canada.

3. The Governor may, at any time after the passing of this Act, declare by Proclamation that all or any of the Silver Coins of the United States of America or of any other Foreign Nation or State, coined before the passing of this Act, shall, when of the weights and dates, to be assigned in such Proclamation, pass current and be a legal tender in the Provinces of Quebec, Ontario and New Brunswick, at rates in currency to be assigned to them respectively in such Proclamation, to such amount in any one payment as may be therein declared; and such Proclamation may be revoked or amended by any subsequent Proclamation. 4.