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Banking Act 2009

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Changes over time for: Section 219

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Point in time view as at 31/12/2020.

Changes to legislation:

Banking Act 2009, Section 219 is up to date with all changes known to be in force on or before 14 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

219Ceasing the business of issuing notesU.K.

This section has no associated Explanatory Notes

(1)If an authorised bank at any time after commencement stops issuing banknotes, it may not resume issuing banknotes in reliance on section 213.

(2)Banknote regulations or rules—

(a)may specify procedures to be followed by an authorised bank that intends to stop issuing banknotes, and

(b)may apply to an authorised bank for two years after it stops issuing banknotes.

Commencement Information

I1S. 219 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

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