Does anyone know if postage stamps issued in CYP are still valid, and if so for how long.
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Postage stamps in CYP
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Postage stamps in CYP
by short_and_fat » Tue May 13, 2008 12:58 pm
- short_and_fat
- Trial Member
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- Joined: Mon Oct 29, 2007 9:38 am
by observer » Tue May 13, 2008 1:21 pm
From the Euro Ordinance:
14.
Postage stamps
(1)
A postage stamp expressed in pounds which is in the possession of a member of the public
on the adoption date is not, after that date, valid as a postage stamp for the purposes of
payment of any postage.
(2)
A postage stamp invalid in accordance with subsection (1) may, until the last day of the
year in which the euro is adopted, be exchanged for a postage stamp with a dual display
of price or with a postage stamp expressed in euros of an equal total value.
(3)
A postage stamp expressed in pounds which has been issued prior to 3rd August 1978 is
considered to have been placed out of circulation and may not be exchanged as provided
for in this section.
(4)
For the purposes of subsection (2), the term “postage stamp with dual display of price”
means a postage stamp which is placed in circulation during the period referred to in
section 9(1) and which bears a dual display of its value in pounds and in euros.
(5)
Until the day before the adoption date the pound is to be used as the basic reference value
of a postage fee and the euro as an equivalent value stated only for information purposes.
From the adoption date onwards the opposite will apply.
(6)
A postage stamp with a dual display of pricing may remain validly in circulation after
the last day of the year in which the euro is adopted.
15.
Refugee stamps
(1)
A refugee stamp expressed in pounds which is in the possession of a member of the public
on the adoption date is not, after that date, valid as a refugee stamp for the purposes of
payment of any fee.
(2)
A refugee stamp invalid in accordance with subsection (1) may, until the last day of the
year in which the euro is adopted, be exchanged for a refugee stamp expressed in euros
of an equal total value.
(3)
For the purposes of this section, a ‘refugee stamp’ has the meaning given to that term by
the corresponding law.
14.
Postage stamps
(1)
A postage stamp expressed in pounds which is in the possession of a member of the public
on the adoption date is not, after that date, valid as a postage stamp for the purposes of
payment of any postage.
(2)
A postage stamp invalid in accordance with subsection (1) may, until the last day of the
year in which the euro is adopted, be exchanged for a postage stamp with a dual display
of price or with a postage stamp expressed in euros of an equal total value.
(3)
A postage stamp expressed in pounds which has been issued prior to 3rd August 1978 is
considered to have been placed out of circulation and may not be exchanged as provided
for in this section.
(4)
For the purposes of subsection (2), the term “postage stamp with dual display of price”
means a postage stamp which is placed in circulation during the period referred to in
section 9(1) and which bears a dual display of its value in pounds and in euros.
(5)
Until the day before the adoption date the pound is to be used as the basic reference value
of a postage fee and the euro as an equivalent value stated only for information purposes.
From the adoption date onwards the opposite will apply.
(6)
A postage stamp with a dual display of pricing may remain validly in circulation after
the last day of the year in which the euro is adopted.
15.
Refugee stamps
(1)
A refugee stamp expressed in pounds which is in the possession of a member of the public
on the adoption date is not, after that date, valid as a refugee stamp for the purposes of
payment of any fee.
(2)
A refugee stamp invalid in accordance with subsection (1) may, until the last day of the
year in which the euro is adopted, be exchanged for a refugee stamp expressed in euros
of an equal total value.
(3)
For the purposes of this section, a ‘refugee stamp’ has the meaning given to that term by
the corresponding law.
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