✨ Legislation Text and Assent
Governor with advice
of his Executive Coun-
cil may authorise
Union Bank of Aus-
tralia to issue paper
money.
Roya Charters grant-
ed te banking com-
panies to have the
effect of Acts of the
Assembly.
Short title.
150
-
It shall further be lawful for the Governor or other officer
administering the Government for the time being of New Zealand,
with the advice of his Executive Council, in like manner to pro-
claim and declare that the Joint Stock Company or copartnership
now carrying on the business of a banker in New Zealand under
the style of the "Union Bank of Australia," may lawfully issue
and circulate within the Colony the promissory notes of the com-
pany payable to bearer on demand, any law or ordinance to the
contrary thereof notwithstanding: Provided that all such notes
bear date at the place of issue and be there payable in coin of the
Realm or other coin lawfully current in the said colony. -
All letters patent and charters of incorporation granted
or to be granted by Her Majesty to companies or copart-
nerships for banking purposes shall to all intents and purposes be as
effectual within the said Colony as Acts of the General Assembly
of New Zealand. -
This Act shall be intituled and may be cited as "The Bank
Paper Currency Act, 1856."
Examined and certified.
JAS. JNO. PIERCY,
Clerk of Legislative Council.
F. E. CAMPBELL,
Clerk of House of Representatives.
In the name of Her Majesty I assent to this Act.
THOMAS GORE BROWNE,
Governor.
Auckland, 7th July, 1856.
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NZ Gazette 1856, No 24
✨ LLM interpretation of page content
🏛️
Clauses 2, 3, and 4 of the Bank Paper Currency Act, 1856, including assent
(continued from previous page)
🏛️ Governance & Central Administration7 July 1856
Legislation, Bank Paper Currency Act, Union Bank of Australia, Royal Charters, Governor, Legislative Council
- JAS. JNO. PIERCY, Clerk of Legislative Council
- F. E. CAMPBELL, Clerk of House of Representatives
- THOMAS GORE BROWNE, Governor