Skip to content

GlobalLawDBby GenieAI

Laws Search Sanctions Map Data Developers

Search the text of the law

Log in Get an API key

Laws Search Sanctions Map Data Developers

Log in Get an API key

Every law, versioned and linked. Free to read, built for people and AI agents.

Explore

All laws
Search the text
Sanctions
Map of connections
Compare UK and EU

Developers

AI agents (MCP)
REST API
Bulk data
API keys

Coverage

United Kingdom
European Union
United States
Canada
Australia
France
Germany
Netherlands
Spain
Austria
Norway
Finland
Switzerland
Ireland

GlobalLawDB is made by GenieAI, London. It is not legal advice: check the official text before relying on it. Text comes from official publishers under their licences, listed on the Data page.

ThemeMatch my systemLightDark

Canada
Bank of Canada Act
Note Issue and Removal
s 25
(6)

Bank of Canada Act

In forceThis text since 21 Jun 2018law://ca/rsc/1985/b-2/sec_25__subsec_6@2026-11-10

Version in force onWhereCanada

Contents

(1) The Bank has the sole right to issue notes and those notes…
(2) Arrangements for issue and removal
(3) Denominations
(4) Form and material
(5) Notes previously printed
(6) Distinction

Contents

(1) The Bank has the sole right to issue notes and those notes…
(2) Arrangements for issue and removal
(3) Denominations
(4) Form and material
(5) Notes previously printed
(6) Distinction

(6)Notes of the Bank are neither promissory notes nor bills of exchange within the meaning of the Bills of Exchange Act.

Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.

Key facts

Type: Act · R.S.C. 1985, c. B-2
Enacted: 21 Jun 2018
Last amended: 20 Jun 2024
Text current to: 4 Sept 2026
Official: Justice Laws Website

History · 1 version

21 Jun 2018Reading

Connections

Implemented by 1: Bank of Canada Notes Regulations
Cited by 17: Bank Act3 provisions; Critical Cyber Systems Protection Act2 provisions; Stablecoin Act2 provisions; Consumer-Driven Banking Act2 provisions; Retail Payment Activities Act; Order Calling in Certain Notes; Order Designating Public Office Holders and Reporting Public Office Holders under Section 62.2 of the Conflict of Interest Act; Income Tax Act; Canada Deposit Insurance Corporation Act; National Housing Act; Currency Act; Cross-border Currency and Monetary Instruments Reporting Regulations; Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations; Proceeds of Crime (Money Laundering) and Terrorist Financing Suspicious Transaction Reporting Regulations; Payment Clearing and Settlement Act2 provisions; Trust and Loan Companies Act2 provisions; Cooperative Credit Associations Act2 provisions
Cites 1: Bills of Exchange Act

Defined terms · 10

Show every defined term

authorized foreign bank
Bank
Board
Deputy Governor
director
federal financial institution
Governor
Minister
notes
relevant Act

ca/rsc/1985/b-2