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AI Summary of Schedule 4 Maximum Amounts Of Consolidated Bank Notes Which May Be Outstanding With The Associated Banks Respectively

The table summarises the maximum amounts of consolidated bank notes for various associated banks in Ireland, as mandated by the relevant Act. It details allocated amounts for specific periods, starting from the date of enactment up to 31st December 1953.

Each bank, including leading institutions such as the Bank of Ireland and the Northern Bank Limited, has specified limits that decrease progressively across the triennial periods. This framework demonstrates a structured approach to regulate currency circulation, ensuring financial stability and compliance with prevailing banking regulations.

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 May 2003 - onwards
Version 7 of 7

Schedule 4 Maximum Amounts Of Consolidated Bank Notes Which May Be Outstanding With The Associated Banks Respectively

Maximum Amount Of Consolidated Bank Notes   
Ref. No. Name of Associated Bank In the period from the day after the date of the passing of this Act to the 31st December, 1944 In the triennial period ending on 31st December, 1947 In the triennial period ending on 31st December, 1950 In the triennial period ending on 31st December, 1953
(1) (2) (3) (4) (5) (6)
    £ £ £ £
1 The Bank of Ireland. 1,286,000 965,000 643,000 322,000
2 The Hibernian Bank, Limited (The Governor and Company of the Bank of Ireland). 550,000 413,000 275,000 138,000
3 The Munster & Leinster Bank, Limited (Allied Irish Banks Limited). 900,000 675,000 450,000 225,000
4 The National Bank of Ireland Limited (The Governor and Company of the Bank of Ireland). 1,141,000 856,000 571,000 286,000
5 The Northern Bank Limited (Northern Bank (Ireland) Limited). 160,000 120,000 80,000 40,000
6 The Provincial Bank of Ireland, Limited (Allied Irish Banks Limited). 555,000 417,000 278,000 139,000
7 The Royal Bank of Ireland, Limited (Allied Irish Banks Limited). 273,000 205,000 137,000 69,000
8 The Ulster Bank, Limited. 319,000 240,000 160,000 80,000