Section 219

If an authorised bank at any time after commencement stops issuing banknotes, it may not resume issuing banknotes in reliance on section 213. Banknote regulations or rules— may specify procedures to be followed by an authorised bank that intends to stop issuing banknotes, and may apply to an authorised bank for two years after it stops issuing banknotes.

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