Banknotes Of Northern Ireland
Banknotes have been issued for use specifically in Northern Ireland since 1929, and are denominated in pounds sterling. They are legal currency in Northern Ireland but technically not legal tender in any other country in the United Kingdom (or other territories which use sterling). However, the banknotes are still widely accepted as currency by larger merchants and institutions elsewhere in the United Kingdom. Issuing banks have been granted legal rights to issue currency, and back the notes with deposits at the Bank of England.
The issuing of banknotes in Northern Ireland is regulated by the Currency and Bank Notes Act 1928, the Coinage Act 1971, Banknotes (Ireland) Act 1864 (c. 78), Banknotes (Ireland) Act 1920 (c. 24), Bankers (Ireland) Act 1845, Bankers (Northern Ireland) Act 1928 (c. 15), among others. Pursuant to some of these statutes, Her Majesty's Revenue and Customs publishes in the Belfast Gazette an account of "the Amount of Notes authorised by Law to be issued by the several Banks of Issue in Northern Ireland, and the Average Amount of Notes in Circulation, and of Bank of England Notes and Coin held"; see for example Issue 6800 published on 8 September 2006 at page 5874.
Read more about Banknotes Of Northern Ireland: Issuers, Denominations
Famous quotes containing the words northern ireland, northern and/or ireland:
“... in Northern Ireland, if you don’t have basic Christianity, rather than merely religion, all you get out of the experience of living is bitterness.”
—Bernadette Devlin (b. 1947)
“Our ancestors were savages. The story of Romulus and Remus being suckled by a wolf is not a meaningless fable. The founders of every state which has risen to eminence have drawn their nourishment and vigor from a similar wild source. It was because the children of the Empire were not suckled by the wolf that they were conquered and displaced by the children of the northern forests who were.”
—Henry David Thoreau (1817–1862)
“Life springs from death and from the graves of patriot men and women spring living nations.... They think that they have pacified Ireland. They think that they have purchased half of us and intimidated the other half. They think that they have foreseen everything, think they have provided against everything; but the fools, the fools, the fools, they have left us our Fenian dead, and while Ireland holds these graves Ireland unfree shall never be at peace.”
—Patrick Henry Pearse (1879–1916)