Scottish and Northern Ireland Banknote Regulations 2009

I am grateful to the Minister for explaining the detail of the regulations. As he and the noble Baroness said, they are completely non-contentious. However, given that these regulations are bringing procedures up to date, I was slightly surprised that in the unlikely even of a penalty notice being issued, it will be sent by post. A letter sent by post to the registered office of the authorised bank, ""shall be deemed to have been received by the bank on the second business day after posting"." In current circumstances, that seems not only a hazardous basis on which to communicate important information, but a rather outdated method. I wonder whether using electronic forms of communication in addition to the post might be a policy usefully adopted by the Bank of England. My final point relates to a short discussion that we had some time ago about who signs the banknotes. It was pointed out that at one stage Sir Fred Goodwin signed the banknotes of the Royal Bank of Scotland. Given that the Government now own the Royal Bank of Scotland, will this be done by the noble Lord, Lord Myners?