Legal tender with its own rial in 1970. On 8 November 2016, Prime Minister Narendra Modi announced that existing INR 500 and INR 1000 banknotes would no longer be accepted as legal tender with a view to curb counterfeiting, tax evasion and the parallel economy. The Reserve Bank of India outlined a scheme for holders of such banknotes to either deposit them into their bank accounts for full, unlimited value, or to exchange the banknotes for new, subject to a cap. New Zealand has a complex history of legal tender. English law applied, as applicable to local circumstances, from either 6 January
Northern Bank £5 note Northern Bank £5 note The Northern Bank £5 note was a banknote issued by Northern Bank for circulation in Northern Ireland, United Kingdom. It was the smallest denomination note issued by the bank and was not legal tender outside Northern Ireland. Following the takeover of Northern Bank by Danske Bank in 2004, production of the note ended and it was slowly removed from circulation. In October 1999 a special polymer version featuring an illustration of the Space Shuttle was issued in celebration of the millennium. It was the first polymer banknote used in the United Kingdom. After the Northern Bank