S.I. No. 230/1956 - Currency (Amendment) Act, 1930 (Section 3) Order, 1956.

S.I. No. 230 of 1956.

CURRENCY (AMENDMENT) ACT, 1930 (SECTION 3) ORDER, 1956.

I, GERARD SWEETMAN, Minister for Finance, in exercise of the powers conferred on me by section 3 of the Currency (Amendment) Act, 1930 (No. 30 of 1930), as amended by section 64 of the Central Bank Act, 1942 (No. 22 of 1942), and adapted by subsection (1) of section 11 of that Act, at the unanimous request of the Board of Directors of the Central Bank, hereby order as follows :

1. This Order may be cited as the Currency (Amendment) Act, 1930 (Section 3) Order, 1956.

2. The currency and securities of the Federal Government of the United States of America are hereby added to the list of forms of assets, contained in subsection (3) of section 61 of the Currency Act, 1927 (No. 32 of 1927), as amended by section 2 of the Currency (Amendment) Act, 1930 (No. 30 of 1930), in which the legal tender note fund may be held.

GIVEN under my Official Seal, this 22nd day of August, 1956.

GERARD SWEETMAN

Minister for Finance.

EXPLANATORY NOTE.

The Order adds the currency and securities of the Federal Government of the United States of America to the list of forms of assets in which the legal tender note fund may be held.