British Army (WW2?) Machete

Hi everyone. I have recently found a machete and scabbard with the broad arrow on both. The scabbard has the date 1942 on it whilst the blade has 1945. Although scabbard was in terrible conditions to begin with, we are in the process of treating the leather and stitching. I would like to know what these machetes were used for. If the blade was made in 45 would it have seen action in the Second World War or is it more likely Korean War used? Also, where were these used and why?
I have attached some images for you all.
Oh and what does the large 103 stamp mean?
Thanks everyone.


Click to enlarge the picture


 


 


 


 


 


 

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