# Banking Act 2009, Section 219: Ceasing the business of issuing notes


(1) If an authorised bank at any time after commencement stops issuing banknotes, it may not resume issuing banknotes in reliance on section 213.
(2) Banknote regulations or rules—
(a) may specify procedures to be followed by an authorised bank that intends to stop issuing banknotes, and
(b) may apply to an authorised bank for two years after it stops issuing banknotes.

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/219 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-219
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.