# Bank of Ireland (UK) plc Act 2012, Section 5: Disapplication of banknote regulations and rules


(1) No relevant regulation or rule shall apply to the Bank of Ireland as a consequence of the Bank of Ireland ceasing to be or intending to cease to be an authorised bank under section 4(1)(b).
(2) In subsection (1), a “relevant regulation or rule” means—
(a) a regulation made under section 215 of the 2009 Act; or
(b) a rule made by the Bank of England under any such regulation,
which makes provision about the case where an authorised bank ceases or intends to cease issuing banknotes voluntarily.

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Source: https://www.legislation.gov.uk/ukla/2012/1/section/5 (the official version)
Page: https://openlegislation.uk/bank-of-ireland-uk-plc-act-2012/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.