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Functions and powers of the Central Bank
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13. (1) The Central Bank shall monitor, and take all necessary measures to ensure, compliance by relevant persons with their obligations under—
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(a) the Euro Banknote Decision,
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(b) the Euro Coin Regulation, and
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(c) the Euro Counterfeiting Regulation.
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(2) Without prejudice to the generality of subsection (1), the Central Bank may verify—
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(a) the procedures governing the operation and control by relevant persons of banknote and coin processing machines, and
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(b) the treatment of, and any manual authenticity and fitness checking of, euro notes and euro coins by relevant persons.
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(3) The Central Bank shall perform—
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(a) the controls referred to in Article 6, and
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(b) the functions referred to in Articles 8, 9, 11 and 12,
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of the Euro Coin Regulation.
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