Alderney pound Alderney pound The island of Alderney has its own currency, which by law must be pegged to that of the United Kingdom (see pound sterling). Schedule 2 of the Government of Alderney Law provides that the States of Alderney may, by Ordinance, prescribe "the legal currency and denominations of the legal currency, so however that that currency, and those denominations shall be the same in Alderney as in the United Kingdom; and prescribing those notes and coins the tender of which is a legal tender of the payment of money". In normal use in Alderney, Guernsey and Bank of England
Law of Guernsey the sale and purchase of real estate in Guernsey were written in French until 1971. Alderney enjoys full autonomy in law (except in matters of foreign affairs and defence, as the other Channel Islands); however, in 1948 Alderney adopted a new constitution which created a fully elected government and changed the courts. Under the terms of an agreement (known as "the 1948 Agreement") entered into between the Government of Alderney and the Government of Guernsey, certain matters were delegated to Guernsey. These are known as "the transferred services" which include policing, customs and excise, airport operations, health, education and social