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).