# Decimal Currency Act 1969, Paragraph 19


(1) In relation to the financial year beginning with 1st April 1971 and subsequent financial years the Water Resources Act 1963 shall have effect subject to the amendments specified in the following provisions of this paragraph.
(2) In section 87(6) and (7), for the words “four times” there shall be substituted the words “1.7 times”.
(3) In section 87(9), for the word “penny” there shall be substituted the words “new penny”.
(4) In section 121(2) and (3), for the words “one penny” there shall be substituted the words “one new penny”.

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Source: https://www.legislation.gov.uk/ukpga/1969/19/schedule/2/paragraph/19 (the official version)
Page: https://openlegislation.uk/decimal-currency-act-1969/schedule-2/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.