S.I. No. 94/1943 - Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943.

STATUTORY RULES AND ORDERS. 1943. No. 94.

CENTRAL BANK OF IRELAND (FORM OF STATEMENT OF ACCOUNTS) REGULATIONS, 1943.

WHEREAS it is enacted 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), that the Central Bank of Ireland shall, within six months after the end of every year, prepare and transmit to the Comptroller and Auditor-General a statement of accounts in respect of such year in such form as shall be prescribed by regulations made under that section, and that the Minister for Finance may, after consultation with the Board of Directors of the said Bank, make regulations prescribing the form of statements of accounts to be prepared by the said Bank under that section :

AND WHEREAS the Minister for Finance has, before making these Regulations, consulted the said Board of Directors in regard thereto :

NOW, the Minister for Finance, in exercise of the powers conferred on him 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 of every and any other power him in this behalf enabling, hereby makes the following regulations, that is to say :—

1. These Regulations may be cited as the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943.

2. The Interpretation Act, 1937 (No. 38 of 1937), applies to these Regulations.

3. In these Regulations—

the expression "the Bank" means the Central Bank of Ireland; the expression "the Act" means the Currency Act, 1927 (No. 32 of 1927), as adapted by section 11 of the Central Bank Act, 1942 (No. 22 of 1942).

4. Every statement of accounts prepared by the Bank under section 35 of the Act shall be in the form set out in the Schedule hereto, save that, whenever in any such statement of accounts a nil entry would require to be made under any heading in such form, the Bank may, in lieu of making such nil entry, omit such heading from such statement of accounts.

5. Every statement of accounts prepared by the Bank under section 35 of the Act shall have appended thereto the signature of the Governor of the Bank and the signature of an officer of the Bank nominated for that purpose by the Board of Directors of the Bank.

6. The Currency Commission (Form of Statement of Accounts) Regulations, 1931 ( S. R. & O. No. 19 of 1931 ), are hereby revoked.

SCHEDULE.

Form of Statement of Accounts.

PART I

LEGAL TENDER NOTE FUND.

A.—Issue Account.

Outstanding as at 31st March, 19......		Redeemed during year ended 31st March, 19......
10/—notes	£	10/—notes	£
£1 notes		£1 notes
£5 notes		£5 notes
£10 notes		£10 notes
£20 notes		£20 notes
£50 notes		£50 notes
£100 notes		£100 notes
	_____£		_____£

Issued during year ended 31st March, 19......			Outstanding as at 31st March 19......
10/— notes	£		10/— notes	£
£1 notes			£1 notes
£5 notes			£5 notes
£10 notes			£10 notes
£20 notes			£20 notes
£50 notes			£50 notes
£100 notes			£100 notes
	_____£			_____£
		_____			_____
		£_____			£_____

B.—Balance Sheet.

Liabilities.		Assets.
Notes outstanding as at 31st March, 19......	£	(a) Gold Bullion	£
Temporary Borrowings	£	(b) Gold coins which are for the time being legal tender in Ireland for unlimited amounts	£
		(c) Money in any form which is for the time being legal tender in Great Britain for unlimited amounts	£
		(d) British Government Securities	£
	_____	(e) Sterling balances on current or deposit account at the London agency or any Bank in Great Britain or Northern Ireland	£_____
	£_____		£_____

PART II.

GENERAL FUND.

A.—Profit And Loss Account.

Expenses of the Bank:			Dividends and Interest on Assets of Legal Tender Note Fund	£
Salaries, wages and other remuneration	£		Payments on Consolidated Bank Notes	£
Other Expenses	£_____£		Payments on notes of former banks of issue	£
Interest on borrowings for Legal Tender Note Fund		£	Other Receipts	£
Other Payments		£
Profit and Loss Appropriation Account		£
		_____		______
		£_____		£______

B.—Profit And Loss Appropriation Account.

Currency Reserve	£	Profit and Loss Account	£
General Reserve	£
Superannuation Reserve	£
Depreciation Accounts	£
Surplus Income Account	£
	______		_______
	£______		£_______

C.—Surplus Income Account.

Dividends paid to former Shareholding Banks	£	Balance brought forward from previous Account	£
Payments to the Exchequer	£	Profit and Loss Appropriation Account	£
Balance	£
	_________		_______
	£__________		£_______

D.—Balance Sheet.

Liabilities.		Assets.
Capital paid by the Minister for Finance	£	Cash	£
Currency Reserve	£	Money at Call and at Short Notice	£
General Reserve	£	Bills rediscounted	£
Superannuation Reserve	£	Advances	£
		Investments	£
Borrowings	£	Premises	£
Deposits	£	Income accrued due but not received	£
Surplus Income Account	£	Other Assets	£
Other Liabilities	£
Note—There is a contingent liability £on account of outstanding consolidated bank notes in respect of which the Central Bank has received by way of security from the AssociatedBanks securities of a nominal amount of £
	__________		_______
	£__________		£_______

......................................................

Governor, Central Bank of Ireland.

......................................................

Secretary (or, as the case may be) to the Central Bank of Ireland.

GIVEN at Dublin, under the Official Seal of the Minister for Finance, this 22nd day of March, 1943.

J. J. McELLIGOTT,

Secretary,

Department of Finance.