S.I. No. 103/1960 - Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1960.

S.I. No. 103 of 1960.

CENTRAL BANK OF IRELAND (FORM OF STATEMENT OF ACCOUNTS) (AMENDMENT) REGULATIONS, 1960.

I, SÉAMAS Ó RIAIN, 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 after consultation with the Board of Directors of the Central Bank of Ireland, hereby make the following regulations :

1. (1) These Regulations may be cited as the Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1960.

(2) The Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943 to 1959, and these Regulations may be cited together as the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943 to 1960.

2. The form of balance sheet set out in the Schedule to these Regulations is hereby substituted for that which, by virtue of the Central Bank of Ireland (Form of Statement of Accounts) (Amendment) Regulations, 1957 ( S.I. No. 86 of 1957 ), is set out under the heading " B.—Balance Sheet " in Part I of the Schedule to the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1943 ( S. R. & O. No. 94 of 1943 ).

SCHEDULE.

Liabilities				Assets
	£	s.	d.		£	s.	d.
Notes outstanding as at 31st March, 19				Gold
			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

GIVEN under my Official Seal, this 13th day of May, 1960.

SÉAMAS Ó RIAIN,

Minister for Finance.

EXPLANATORY NOTE.

These amending Regulations revise the form of Balance Sheet in respect of the Legal Tender Note Fund by adding to the list of assets Irish Government Security for advances under subsection (7) of section 3 of the Bretton Woods Agreements Act, 1957 .