Meaning of “treasure”
1 Meaning of “treasure”.
1
Treasure is—
a
any object at least 300 years old when found which—
i
is not a coin but has metallic content of which at least 10 per cent by weight is precious metal;
ii
when found, is one of at least two coins in the same find which are at least 300 years old at that time and have that percentage of precious metal; or
iii
when found, is one of at least ten coins in the same find which are at least 300 years old at that time;
b
any object at least 200 years old when found which belongs to a class designated under section 2(1);
c
any object which would have been treasure trove if found before the commencement of section 4;
d
any object which, when found, is part of the same find as—
i
an object within paragraph (a), (b) or (c) found at the same time or earlier; or
ii
an object found earlier which would be within paragraph (a) or (b) if it had been found at the same time.
2
Treasure does not include objects which are—
a
unworked natural objects, or
b
minerals as extracted from a natural deposit,
or which belong to a class designated under section 2(2).