The Coinage Act 1971 is an Act of the

Parliament of the United Kingdom The Parliament of the United Kingdom is the supreme legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses legislative suprema ...

which consolidated prior coinage-related enactments relating to the country's coinage. Among its provisions, the term legal tender was redefined and confirms that the Chancellor of the Exchequer is the

Master of the Mint Master of the Mint is a title within the Royal Mint given to the most senior person responsible for its operation. It was an important office in the governments of Scotland and England, and later Great Britain and then the United Kingdom, between ...

References

{{reflist, 30em United Kingdom Acts of Parliament 1971 Financial regulation in the United Kingdom Currency law in the United Kingdom