Section 206E(1)

In this Part— “wholesale cash distribution” means the arrangements (taken as a whole) by which banknotes issued by an issuing authority, or coins made by the Mint, are— made available for retail cash distribution, and removed from circulation; “wholesale cash distribution activities” are activities intended to facilitate or control wholesale cash distribution and include (but are not limited to)— purchasing cash from issuing authorities or the Mint; storing cash; transporting cash; undertaking authentication processes; facilitating the return of cash to issuing authorities or the Mint.

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Source: legislation.gov.uk · retrieved 2026-09-04