Bank of Issue in Scotland

An Account pursuant to the Bank Notes (Scotland) Act 1845, the Currency and Bank Notes Act 1928, and the Coinage Act 1971 of the Amount of Notes authorised by Law to be issued by the several Banks of Issue in Scotland, and the Average Amount of Notes in Circulation, and of Bank of England Notes and Coin held during the 4 weeks ended Saturday, 29th May 1999.

				Average Circulation during 4 weeks ended as above				Average amount of Bank of England Notes and Coin held during 4 weeks ended as above
Name and Title as set forth on Licence	Name of Firm	Approved Offices	Circulation authorised by Certificate	£5 and upwards	Under £5	Total	*Gold and Bank of England Notes	Coin other than Gold Coin	Total
			£
Bank of Scotland	The Governor and Company of theBank of Scotland	(Edinburgh) (Glasgow)	1,289,222	539,531,442	4,721,999	544,253,441	513,397,400	39,770,097	553,167,497
The Royal Bank of Scotland plc	The Royal Bank of Scotland plc	(Edinburgh) (Glasgow)	888,355	911,784,349	24,023,490	935,807,839	904,734,352	38,627,713	943,362,065
Clydesdale Bank PLC	Clydesdale Bank PLC	(Glasgow) (Edinburgh)	498,773	399,740,768	0	399,740,768	396,835,651	6,382,910	403,218,560

I hereby certify that each of the Bankers named in the above Return, who have in circulation an amount of Notes beyond that authorised in their certificates have held an amount of Bank of England Notes and Gold and Coin other than Gold Coin not less than that which they are required to hold during the period to which this Return relates.
M. Quick, Registrar of Bank Returns
*This column includes Bank of England Notes deposited at the Bank of England which, by virtue of section 9(1) of the Currency and Bank Notes Act 1928, are to be treated as Gold Coin held by the Bank.
15th June 1999.