Central Bank Act, 1942


2.—In this Act—

the expression “the Minister” means the Minister for Finance;

the expression “the Currency Act” means the Currency Act, 1927 (No. 32 of 1927), as adapted in consequence of the enactment of the Constitution;

the expression “the Commission” means the Currency Commission;

the expression “the Bank” means the Central Bank of Ireland established by this Act;

the expression “the Board” means the Board of Directors of the Bank;

the word “Governor” means the Governor of the Bank;

the expression “Director of the Bank” does not include the Governor;

the word “Director” means (save where the context otherwise requires) a Director of the Bank;

the expression “service Director” means a Director who is in the permanent service of the State;

the expression “licensed banker” means the holder of a banker's licence issued to him under this Act and for the time being in force;

the expressions “legal tender note”, “consolidated bank note”, “legal tender note fund”, “note reserve fund”, and “general fund” have the same meanings as they respectively have in the Currency Act.