Wales so closed in 1908; since then, although banks in Scotland and Northern Ireland continue to have the right to issue banknotes in their own countries, the Bank of England has a monopoly on the issue of banknotes in Wales. The Commercial Bank of Wales, established in Cardiff by Sir Julian Hodge in 1971, was taken over by the Bank of Scotland in 1988 and absorbed into its parent company in 2002. The Royal Mint, who issue the coinage circulated through the whole of the UK, have been based at a single site in Llantrisant since 1980. Since decimalisation, in 1971,
Town and country planning in Wales and development control policies. Development control is the process of administering and making decisions on planning applications, to develop or change the use of land or buildings. The basis for decisions on planning applications is usually the adopted development plan. Town and country planning in Wales Town and country planning in Wales is based on the land use planning system which applies in England. However, the system in Wales has some distinctive features which have arisen because substantial responsibility for town and country planning has been devolved to the Welsh Government (WAG). In particular, Wales now has a Spatial Plan