XXIIIThe Bank and Royal Bank of Scotland, and British Linen Company, may issue small Notes on unstamped Paper, accounting for the Duties.
And be it further enacted, That from and after the Thirty-first Day of August One thousand eight hundred and fifteen it shall be lawful for the Governor and Company of the Bank of Scotland, and the Royal Bank of Scotland, and the British Linen Company in Scotland, respectively, to issue their Promissory Notes for the Sums of One Pound, One Guinea, Two Pounds, and Two Guineas, payable to the Bearer on Demand, on unstamped Paper, in the same Manner as they were authorized to do by the aforesaid Act of the Forty-eighth Year of His Majesty's Reign; they the said Governor and Company of the Bank of Scotland, and the Royal Bank of Scotland, and British Linen Company respectively giving such Security, and keeping and producing true Accounts of all the Notes so to be issued by them respectively, and accounting for and paying the several Duties payable in respect of such Notes, in such and the same Manner in all respects as is and are prescribed and required by the said last-mentioned Act with regard to the Notes thereby allowed to be issued by them on unstamped Paper, and also to re-issue such Promissory Notes respectively, from Time to Time after the Payment thereof, as often as they shall think fit.