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What shall be deemed Bank Notes within the Meanings of 7 & 8 Vict. c. 32. and 8 & 9 Vict. cc. 38. & 37.
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XI. ‘And whereas an Act was passed in the Seventh and Eighth Years of Her Majesty’s Reign, Chapter Thirty-two, to regulate the Issue of Bank Notes; and an Act was passed in the Eighth and Ninth Years of Her Majesty’s Reign, Chapter Thirty-eight, to regulate the Issue of Bank Notes in Scotland; and another Act was passed in the last-mentioned Years, Chapter Thirty-seven, to regulate the Issue of Bank Notes in Ireland; and in order to prevent Evasions of the Regulations and Provisions of the said respective Acts it is expedient to define what shall be deemed to be Bank Notes within the Meaning thereof respectively:’ Be it enacted, That all Bills, Drafts, or Notes (other than Notes of the Bank of England) which shall be issued by any Banker or the Agent of any Banker for the Payment of Money to the Bearer on Demand, and all Bills, Drafts, or Notes so issued which shall entitle or be intended to entitle the Bearer or Holder thereof, without Endorsement, or without any further or other Endorsement than may be thereon at the Time of the issuing thereof, to the Payment of any Sum of Money on Demand, whether the same shall be so expressed or not, in whatever Form and by whomsoever such Bills, Drafts, or Notes shall be drawn or made, shall be deemed to be Bank Notes of the Banker by whom or by whose Agent the same shall be issued within the Meaning of the said Three several Acts last mentioned, and within all the Clauses, Provisions, and Regulations thereof respectively.
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