History: Add. 26CR12 (eff. Mar 13, 2026)
Document Type Description
Section 8.101 Section Short title.
Section 8.102 Section Definitions.
Section 8.103 Section Franc; create; symbols.
Section 8.104 Section Franc; use as legal tender.
Section 8.105 Section Franc; printing of banknotes; printing of coins.
Section 8.106 Section Franc; form prescribed by Crown Treasury; notice to Council of State required.
Section 8.107 Section Franc; exchange rate; components; calculations; publication of exchange rate by Lord High Treasurer.
Section 8.108 Section Crown Treasury; require to maintain reserve holdings; components of reserve holdings; allow holding of reserves in international markets.
Section 8.109 Section Review of exchange rate by Lord High Treasurer; corrections recommended to Council of State.
Section 8.110 Section Crown Treasury; authorization to promulgate monetary policy; two-thirds vote of Council of State required to reject changes.