S.I. No. 103/1960 - Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1960.

1. (1) These Regulations may be cited as the Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1960.

(2) The Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943 to 1959, and these Regulations may be cited together as the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943 to 1960.

2. The form of balance sheet set out in the Schedule to these Regulations is hereby substituted for that which, by virtue of the Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1957 (

S.I. No. 86 of 1957

), is set out under the heading " B.—Balance Sheet " in Part I of the Schedule to the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943 (

S. R. & O. No. 94 of 1943

).

SCHEDULE.

Liabilities

Assets

£

s.

d.

£

s.

d.

Notes outstanding as at 31st March, 19

Gold

Money in any form which is for the time being legal tender in Great Britain for unlimited amounts

British Government securities

Sterling balances on current or deposit account at the London Agency or any Bank in Great Britain or Northern Ireland

Currency and securities of the Federal Government of the United States of America

Irish Government Security for advances under subsection (7) of

section 3

of the

Bretton Woods Agreements Act, 1957

GIVEN under my Official Seal, this 13th day of May, 1960.

SÉAMAS Ó RIAIN,

Minister for Finance.

EXPLANATORY NOTE.

These amending Regulations revise the form of Balance Sheet in respect of the Legal Tender Note Fund by adding to the list of assets Irish Government Security for advances under subsection (7) of

section 3

of the

Bretton Woods Agreements Act, 1957

.

S.I. No. 103 of 1960.

CENTRAL BANK OF IRELAND (FORM OF STATEMENT OF ACCOUNTS) (AMENDMENT) REGULATIONS, 1960.

I, SÉAMAS Ó RIAIN, Minister for Finance, in exercise of the powers conferred on me by

section 35

of the

Currency Act, 1927

(No. 32 of 1927), as adapted by

section 11

of the

Central Bank Act, 1942

(No. 22 of 1942), and after consultation with the Board of Directors of the Central Bank of Ireland, hereby make the following regulations