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There are outstanding changes not yet made by the legislation.gov.uk editorial team to Bank Notes (Scotland) Act 1845. Those changes will be listed when you open the content using the Table of Contents below. Any changes that have already been made by the team appear in the content and are referenced with annotations.![]()
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1. Commissioners to certify existing banks of issue and limitation of issue. Previous MatchNext Match
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3. Duplicate of certificate to be published in the Gazette. Gazette to be evidence. Previous MatchNext Match
4. In case banks become united, commissioners to certify the amount of bank notes which each bank was authorized to issue.Previous MatchNext Match
5. Issue of notes for fractional parts of a pound prohibited.Previous MatchNext Match
6. Limitation of bank notes in circulation.Previous MatchNext Match
7. Issuing banks to render accounts weekly. Previous MatchNext Match
8. What shall be deemed to be bank notes in circulationPrevious MatchNext Match
9. Commissioners of stamps and taxes to make a monthly return. Previous MatchNext Match
10. Mode of ascertaining the average amount of bank notes of each banker in circulation and gold coin, during the first four weeks after 31st December 1845. Previous MatchNext Match
11. In taking the account of coin held by bankers, silver coin not to exceed the proportion of one fourth of gold. Previous MatchNext Match
12.Commissioners of inland revenue empowered to cause the books of bankers containing accounts of their bank notes in circulation, and of gold coin, to be inspected. Penalty for refusing to allow such inspectionPrevious MatchNext Match
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14. Penalty on banks issuing in excess.Previous MatchNext Match
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16. Notes for less than 20s. not negotiable in Scotland.Previous MatchNext Match
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18. Penalty for persons, other than bankers hereby authorized, issuing notes payable on demand for less than 5l.Previous MatchNext Match
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20. Not to prohibit checks on bankers.Previous MatchNext Match
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