S.I. No. 71/1975 - Central Bank of Ireland (Form of Statement of Accounts (Amendment) Regulations, 1975.

1. (1) These Regulations may be cited as the Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1975.

(2) The Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1961 to 1973, and these Regulations may be cited together as the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1961 to 1975.

2. The

Interpretation Act, 1937

(No. 38 of 1937), applies to these Regulations.

3. The Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1961 (

S.I. No. 187 of 1961

), are hereby amended by the substitution of "31st December" for "31st March", in each place where it occurs, in the Schedule.

4. The statement of accounts prepared by the Central Bank of Ireland under

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), in respect of the period from the 1st day of April to the 31st day of December, 1974, shall be in the form set out in the Schedule to these Regulations save that, whenever in any statement of accounts a nil entry would require to be made under any heading in that form, the Bank may, in lieu of making the nil entry, omit that heading.

SCHEDULE

FORM OF STATEMENT OF ACCOUNTS.

PART I.

LEGAL TENDER NOTE FUND.

A. — ISSUE ACCOUNT

Notes outstanding as at

Notes redeemed during

31st March 1973

31st March 1974

Year ended 31st March, 1974

Nine Months ended 31st December, 1974

£

£

£

£

10/-

10/-

£1

£1

£5

£5

£10

£10

£20

£20

£50

£50

£100

£100

£

£

£

£

Notes issued during

Notes outstanding as at

Year ended 31st March, 1974

Nine Months ended 31st December, 1974

31st March, 1974

31st December, 1974

10/

£

£

10/-

£

£

£1

£1

£5

£5

£10

£10

£20

£20

£50

£50

£100

£100

£

£

£

B — BALANCE SHEET.

Liabilities

Assets

31st March, 1974

31st December, 1974

31st March, 1974

31st December, 1974

£

£

£

£

Notes outstanding

Gold

Temporary borrowings

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

Balance in General Fund

£

£

£

£

PART II.

GENERAL FUND.

A. — PROFIT AND LOSS ACCOUNT.

Year ended 31st March, 1974

Nine months ended 31st December, 1974

Year ended 31st March, 1974

Nine months ended 31st December, 1974

£

£

£

£

Salaries, wages and other remuneration

Income from assets of Legal Tender Note Fund

Other expenses

Income from assets of General Fund

Interest on borrowings for Legal Tender Note Fund

Payments on notes of former banks of issue

Interest on deposits

Other receipts

Profit and Loss

Appropriation Account

£

£

£

£

B. — PROFIT AND LOSS APPROPIATION ACCOUNT.

£

£

£

£

Currency Reserves

Profit and Loss Account

General Reserves

Superannuation Reserve

Depreciation Accounts

Surplus Income Account

£

£

£

£

C. — SURPLUS INCOME ACCOUNT

£

£

£

£

Payments to the Exchequer

Balance brought forward from previous account

Balance

Profit and Loss Appropriation

£

£

£

£

D. — BALANCE SHEET.

Liabilities

Assets

31st March, 1974

31st December, 1974

31st March, 1974

31st December, 1974

£

£

£

£

CAPITAL AND RESERVES

Cash and Balances with other banks

Capital paid by the Minister for Finance

Money at call and at short notice

Currency Reserve

Bills rediscounted

General Reserve

Advances

Superannuation Reserve

Gold

Total

Borrowings

International Monetary Fund

Government accounts

Bankers' accounts

Quota of Ireland

Other accounts

Reserve Bonds

Special Drawing Rights

International Montary Fund

Deposit and Demand Notes accounts

External Government investments

Special Drawing Rights

Irish Government investment

Allocation Account

Surplus Income Account

Other investments

Legal Tender Note Fund Balance

Premises

Other liabilities

Other assets

Notes on forming part of these accounts.

GIVEN under my Official Seal this 26th day of March 1975.

RICHIE RYAN,

Minister for Finance.

EXPLANATORY NOTE.

These regulations amend the form in which the annual accounts of the Central Bank are prepared to take account of the change in the Bank's financial year, which now coincides with the calendar year. They also make provision for the form of accounts in respect of the transitional period from 1 April 1974 to 31 December 1974.

S.I. No. 71 of 1975.

CENTRAL BANK OF IRELAND (FORM OF STATEMENT OF ACCOUNTS (AMENDMENT) REGULATIONS, 1975.

I, RICHIE RYAN, 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 amended by the Exchequer and Local Financial Years Act (Adaptation of Enactments and Statutory Instruments) (No. 2) Order, 1974 (

S.I. No. 293 of 1974

), and after consultation with the Board of Directors of the Central Bank of Ireland, hereby make the following regulations