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Fiduciary Note Issue (Extension of Period) Order, 1956

As Enacted Cited authorities 4 Cited in Related
Vincent
JurisdictionUK Non-devolved
CitationSI 1956/264

1956 No. 264

CURRENCY AND BANK NOTES

The Fiduciary Note Issue (Extension of Period) Order, 1956

28thFebruary 1956

1stMarch 1956

14thMarch 1956

The Lords Commissioners of Her Majesty's Treasury, in exercise of the powers conferred upon them by subsection (7) of section 2 of the Currency and Bank Notes Act, 1954(a), and of all other powers enabling them in that behalf, hereby make the following Order:—

1. The period of two years during which, by virtue of subsection (7) of section 2 of the Currency and Bank Notes Act, 1954, the fiduciary note issue may stand at amounts continuously exceeding fifteen hundred and seventy-five million pounds shall be extended by a period of two years beginning with the fourteenth day of March, nineteen hundred and fifty-six.

2. The Interpretation Act, 1889(b), shall apply to the interpretation of this Order as it applies to the interpretation of an Act of Parliament.

3. This Order may be cited as the Fiduciary Note Issue (Extension of Period) Order, 1956, and shall come into operation on the fourteenth day of March, nineteen hundred and fifty-six.

Dated this twenty-eighth day of February, nineteen hundred and fifty-six.

Gerald Wills, R. H. M. Thompson...

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