1 Limit on fiduciary note issues in Northern Ireland. U.K.

(1) The amount of the fiduciary note issues of the several banks mentioned in the first column of the Schedule to this Act shall be that specified in the second column of that Schedule; and the M1 Bankers (Ireland) Act 1845 shall, in its application to Northern Ireland, have effect as if those amounts had been the amounts certified in respect of the several banks under section eight of that Act: . . . F1

(2) The bank-notes which any such bank is by the M2 Bankers (Ireland) Act 1845, as amended by this Act, authorised to issue shall be in addition to any bank-notes which the bank is by any law for the time being in force in the Irish Free State authorised to issue within the Irish Free State.

Textual Amendments

F1 S. 1(1) proviso repealed by Statute Law Revision (Northern Ireland) Act 1980 (c. 59), s. 1, Sch. Pt. X

Marginal Citations

M1 1845 c. 37.

M2 1845 c. 37.

2 Restriction on putting in circulation notes issued out of the United Kingdom. U.K.

It shall not be lawful for a banker in Northern Ireland to pay out or put in circulation any bank or other notes forming part of the currency of any country outside the United Kingdom, except in such circumstances and to such extent as the Treasury may by any general or special licence authorise; and if any banker pays out or puts into circulation any notes in contravention of this section, he shall for each such note be liable to forfeit the sum of five pounds.

3 Issues of notes against coins. U.K.

For the purposes of the provisions of the M3 Bankers (Ireland) Act 1845, which relate to the issue of bank-notes against gold and silver coin, there shall not be included any gold or silver coin held by a banker at any office outside the United Kingdom.

Modifications etc. (not altering text)

C1 S. 3 amended by Coinage Act 1971 (c. 24), s. 12(2), Sch. 2

Marginal Citations

M3 1845 c. 37.

4 †Short title, construction and commencement. U.K.

(1) This Act may be cited as the Bankers (Northern Ireland) Act 1928, and shall be construed as one with the M4 Bankers (Ireland) Act 1845, and that Act and this Act may be cited together as the Bankers (Northern Ireland) Acts 1845 and 1928.

(2) In the Bankers (Ireland) Act 1845, references to the Dublin Gazette shall be construed as references to the Belfast Gazette.

(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2

Textual Amendments

F2 S. 4(3) repealed by Statute Law Revision Act 1950 (c. 6)

Modifications etc. (not altering text)

C2 Unreliable marginal note

Marginal Citations

M4 1845 c. 37.