New £1 coins accepted at all North Devon Council car parks
Posted on: 30 June 2017
Following recent reports in the local and national media, North Devon Council is reassuring North Devon motorists that all of its parking machines accept the new £1 coin.
The council converted all of its pay and display machines in November 2016, well ahead of the introductions of the new £1 coin in March 2017. The council’s cash counting team has reported that the number of new pound coins being used has now overtaken the number of old pound coins.
Since the coin was introduced on 28 March, there is a six month period when the current round £1 coin and the new 12-sided £1 coin are in circulation at the same time. The current £1 coin will lose its legal tender status at midnight on 15 October 2017. North Devon Council parking machines will accept both the old and new £1 coins until this date. After 15 October, the current round £1 coin can continue to be deposited into a customer’s account at most High Street Banks in the UK.
North Devon Council Leader, Councillor Des Brailey, says: “Our pay and display machines were all updated last year, months ahead of the changes, so there has been no disruption to our customers here in North Devon. It’s worth bearing in mind that the old round pound coin will go out of circulation in October, so if you have any saved at home, or stashed in children’s piggy banks, get them to the bank soon so you aren’t caught out.”
You can also pay to park with your mobile phone in any North Devon Council car park, using the RingGo app.
For more information about the new £1 coin, including advice for local businesses, go to www.thenewpoundcoin.com.Posted in: Economy