Legal tender de France. Anyone refusing such monies for their whole value would be prosecuted (French Penal Code art. R. 642-3). According to the "Economic and Monetary Union Act, 1998" of the Republic of Ireland which replaced the legal tender provisions that had been re-enacted in Irish legislation from previous British enactments, "No person, other than the Central Bank of Ireland and such persons as may be designated by the Minister by order, shall be obliged to accept more than 50 coins denominated in euro or in cent in any single transaction." The "Decimal Currency Act, 1970" governed legal tender prior to
Bank of England note issues side featuring the composer Sir Edward Elgar and Worcester Cathedral. The £20 banknote was known to have suffered from higher cases of counterfeiting (276,000 out of 290,000 cases detected in 2007) than any other denominations. In February 2006, the Bank announced a new design for the note which featured Scottish economist Adam Smith with a drawing of a pin factorythe institution which supposedly inspired his theory of economics. Smith is the first Scot to appear on a Bank of England note, although the economist has already appeared on Scottish Clydesdale Bank £50 notes. The design of the £20 note was