A Bill to make provision about the acceptability of Scottish banknotes throughout the United Kingdom; and for connected purposes.
The Bill would impose a requirement on businesses not to make a distinction between Scottish and other banknotes issued in the United Kingdom as acceptable payment for goods and services. It would give powers to the Office of Fair Trading to investigate breaches of this requirement and to issue notices of compliance. The Bill would not affect the right of a business to refuse to accept banknotes which it considered to be forgeries.