HC Deb 13 December 1983 vol 50 c396W
Mr. Michael Forsyth

asked the Chancellor of the Exchequer if he will outline the effects variations in the total value of bank notes issued by Scottish banks authorised to do so under the Bank Notes (Scotland) Act 1845 have on the Bank of England's operations as a central bank.

Mr. Moore

Variations in the total value of Scottish bank notes issued have no significant effect on the Bank of England's role as a central bank.