Page:Statutes of Canada, Victoria 31, Part 2.djvu/125

118 4. The Stamp of the year on any coin made current under this Act, shall establish primâ facie the fact of its having been coined in that year, and the stamp of the country shall establish primâ facie the fact of its being of the coinage of such country; and all coins made current under this Act shall be deemed to be of the proper standard, weight and fineness unless objected to on that account, in which case the standard and weight must be verified.

5. The first, second, sixth and seventh sections of chapter eighty-three, of the Revised Statutes of Nova Scotia, third series, and so much of any other part of that chapter, or of any other Act or law of the said Province as may be inconsistent with this Act, shall be repealed on and after the day to be appointed by Proclamation under the first section of the Act as that on and after which these enactments in the said section shall come into force, as shall also the fifteenth chapter of the Consolidated Statutes of the late Province of Canada, the Act of the Legislature of the Province of New Brunswick, passed in the fifteenth year of Her Majesty's Reign, chapter eighty-five, the Act of the said Legislature passed in the sixteenth year of Her Majesty's Reign, chapter thirty-three, and the Act of the said Legislature passed in the twenty-third year of Her Majesty's Reign, chapter forty-eigtht, except sections two and three.

[Assented to 22nd May, 1668.]

Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

1. The Governor in Council may enter into arrangements with all or any of the Chartered Banks in this Dominion for the surrender, on or before the first day of June, one thousand eight hundred and seventy, of their power to issue notes;—and in compensation for such surrender, an annual sum not exceeding five per cent upon the amount of its circulation, as established with respect to any Bank in the Province of Quebec or Ontario, by the monthly return upon the thirtieth day of April, one thousand eight hundred and sixty-six, and with respect to any Bank in Nova Scotia or New Brunswick, and to any Bank in the late province of Canada, incorporated since the said last mentioned day,—in such manner as the Governor in Council may deem satisfactory, shall be payable by the Dominion to each Bank so surrendering its power of issue and redeeming its notes in circulation,