Economic and Monetary Union Act, 1998
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Redemption of legal tender notes. |
18.— Section 121 of the Central Bank Act, 1989 , is hereby amended by the addition of the following subsection after subsection 3: | |
“(4) The Central Bank may continue to redeem Irish pound notes issued under section 44 of the Central Bank Act, 1971 , or any other note which was, immediately prior to the earlier operative date (within the meaning assigned by section 9 of the Economic and Monetary Union Act, 1998) or, where there is no such date, the 30th day of June, 2002, a legal tender note in the State and issued under the Currency Act, 1927 , or under any subsequent Act.”. |