S.I. No. 204/1979 - Legal Tender Note Fund (Additional Form of Asset) Order, 1979.
Statutory Text (3 Articles)
1. This Order may be cited as the Legal Tender Note Fund (Additional Form of Asset) Order, 1979.
2. The forms of assets mentioned in the Schedule to this Order are hereby added to the list of forms of assets contained in
section 61
(3) 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.
Currencies and securities of Governments of other Member States of the European Economic Community.
ECU (currency units of the European Monetary System).
GIVEN under my Official Seal, this 14th day of June, 1979.
SEOIRSE Ó COLLA,
Minister for Finance.
EXPLANATORY NOTE.
The Order adds (1) currencies and securities of Governments of other Member States of the European Economic Community and (2) ECU (currency units of the European Monetary System) to the list of forms of assets in which the legal tender note fund may be held.
S.I. No. 204 of 1979.
LEGAL TENDER NOTE FUND (ADDITIONAL FORM OF ASSET) ORDER, 1979.
I, SEOIRSE Ó COLLA, 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 section 11 (1) of that Act, at the unanimous request of the Board of Directors of the Central Bank of Ireland, hereby order as follows