S.I. No. 230/1956 - Currency (Amendment) Act, 1930 (Section 3) Order, 1956.
Statutory Text (3 Articles)
1. This Order may be cited as the
Currency (Amendment) Act, 1930
(Section 3) Order, 1956.
2. The currency and securities of the Federal Government of the United States of America are hereby added to the list of forms of assets, contained in subsection (3) of
section 61
of the
Currency Act, 1927
(No. 32 of 1927), as amended by
section 2
of the
Currency (Amendment) Act, 1930
(No. 30 of 1930), in which the legal tender note fund may be held.
GIVEN under my Official Seal, this 22nd day of August, 1956.
GERARD SWEETMAN
Minister for Finance.
EXPLANATORY NOTE.
The Order adds the currency and securities of the Federal Government of the United States of America to the list of forms of assets in which the legal tender note fund may be held.
S.I. No. 230 of 1956.
CURRENCY (AMENDMENT) ACT, 1930 (SECTION 3) ORDER, 1956.
I, GERARD SWEETMAN, Minister for Finance, in exercise of the powers conferred on me by
section 3
of the
Currency (Amendment) Act, 1930
(No. 30 of 1930), as amended by
section 64
of the
Central Bank Act, 1942
(No. 22 of 1942), and adapted by subsection (1) of section 11 of that Act, at the unanimous request of the Board of Directors of the Central Bank, hereby order as follows