Schedule 9: Wholesale cash distribution Part 1 – New Part 5A of the Banking Act 2009 Section 206E: Interpretation: "wholesale cash distribution"
This section defines the use of the terms "wholesale cash distribution" and "wholesale cash distribution activities". In this Part, "wholesale cash distribution" means arrangements by which cash is made available for retail cash distribution and removed from circulation, and "wholesale cash distribution activities" are activities intended to facilitate or control wholesale cash distribution and include (but are not limited to) purchasing cash from issuing authorities or the Mint; storing cash; transporting cash; undertaking authentication processes; and returning cash to issuing authorities or the Mint (see subsection (1)).