# Bank Charter Act 1844, Section 11: Restriction against issue of bank notes.


It shall not be lawful for any banker to draw, accept, make, or issue, in England or Wales, any bill of exchange or promissory note or engagement for the payment of money payable to bearer on demand, or to borrow, owe, or take up, in England or Wales, any sums or sum of money on the bills or notes of such banker payable to bearer on demand, . . .

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Source: https://www.legislation.gov.uk/ukpga/Vict/7-8/32/section/11 (the official version)
Page: https://openlegislation.uk/bank-charter-act-1844/section-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.