Part 6

Banknotes: Scotland and Northern Ireland

Regulations and rules

Banknote rules
216
1
Banknote regulations may require or permit the Bank of England to make rules (“banknote rules”) about any aspect of the treatment, holding or issuing of banknotes by authorised banks.
2
In particular, banknote regulations may require or permit banknote rules to do anything which banknote regulations may do.
3
Banknote rules—
a
may make provision generally or only for specified purposes, cases or circumstances, and
b
may make different provision for different purposes, cases or circumstances.
S. 216 in force at 12.11.2009 for specified purposes and 23.11.2009 in so far as not already in force by S.I. 2009/3000, arts. 2, 3