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BANKERS (IRELAND) ACT 1845 - SECT 23

Penalty on banks issuing in excess.

23. If the monthly average circulation of bank notes of any banker, taken in
the manner therein directed, shall at any time exceed the amount which such
banker is authorized to issue and to have in circulation under the provisions
of this Act, such banker shall in every such case forfeit a sum equal to the
amount by which the average monthly circulation taken as aforesaid, shall have
exceeded the amount which such banker was authorized to issue and to have in
circulation as aforesaid.

S.24 rep. by 1882 c.61 s.96 sch.2. S.25 rep. by 1864 c.20 s.1


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© 1845 Crown Copyright

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