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The issuing of banknotes in Northern Ireland is regulated by the Currency and Bank Notes Act 1928, the Coinage Act 1971, Banknotes (Ireland) Act 1864 (c. 78), Banknotes (Ireland) Act 1920 (c. 24), Bankers (Ireland) Act 1845, Bankers (Northern Ireland) Act 1928 (c. 15), among others.
The economy of Northern Ireland is the smallest of the four constituents of the United Kingdom and the smaller of the two jurisdictions on the island of Ireland. At the time of the Partition of Ireland in 1922, and for a period afterwards, Northern Ireland had a predominantly industrial economy, most notably in shipbuilding, rope manufacture ...
Northern Ireland law developed from Irish law that existed before the partition of Ireland in 1921. Northern Ireland is a common law jurisdiction and its common law is similar to that in England and Wales. However, there are important differences in law and procedure between Northern Ireland and England and Wales.
There have been three sets of coins in Ireland since independence. In all three, the coin showed a Celtic harp on the obverse.The pre-decimal coins of the Irish punt had realistic animals on the reverse; the decimal coins retained some of these but featured ornamental birds on the lower denominations; and the euro coins used the common design of the euro currencies.
e. Northern Ireland is one of the four countries of the United Kingdom [1] [2] (although it is also described by official sources as a province or a region [3] [4] ), situated in the north-east of the island of Ireland. It was created as a separate legal entity on 3 May 1921, under the Government of Ireland Act 1920. [5]
Banknotes of Ireland. A 5 Pound note issued by the private banking firm of Gibbons & Williams in Dublin, Ireland (1833). Ireland has a history of trading its own banknotes for several centuries, both when the whole of Ireland was one legal entity, and following partition of the island into the Republic of Ireland and Northern Ireland.
The current series of Bank of Ireland banknotes, in denominations of £5, £10, £20 and £50, were issued in 2013. All of the denominations feature an image of Hibernia, a line of shields representing the six counties of Northern Ireland and its logo on the front. The back designs feature an image of the Old Bushmills Distillery, the same ...
The Irish Free State, subsequently known as Ireland, resolved in the mid-1920s to design its own coins and banknotes. Upon issuing the new currency, the Free State government pegged its value to the pound sterling. The Currency Act, 1927 was passed as a basis for creating banknotes and the "Saorstát pound" (later the "Irish pound") as the ...
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