S.I. No. 92/1959 - Legal Tender Note Fund (Additional Form of Asset) Order, 1959.

1. This Order may be cited as the Legal Tender Note Fund (Additional Form of Asset) Order, 1959.

2. The asset specified in the Schedule to this Order is 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.

SCHEDULE.

Irish Government Security for advances under subsection (7) of

section 3

of the

Bretton Woods Agreements Act, 1957

(No. 18 of 1957).

GIVEN under my Official Seal, this 25th day of May, 1959.

SÉAMAS Ó RIAIN

Minister for Finance.

EXPLANATORY NOTE.

The order adds Irish Government Security for advances under

section 3

(7) of the

Bretton Woods Agreements Act, 1957

to the list of forms of assets in which the Legal Tender Note Fund may be held.

S.I. No. 92 of 1959.

LEGAL TENDER NOTE FUND (ADDITIONAL FORM OF ASSET) ORDER, 1959.

I, SÉAMAS Ó RIAIN, 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