Central Bank Act 1942

F328 [ F327 [ Bank ] may hold inquiry into conduct of regulated financial service provider or person concerned in its management.

33AO

33AO. (1) Whenever the F327 [ Bank ] suspects on reasonable grounds that a regulated financial service provider is committing or has committed a prescribed contravention, it may hold an inquiry to determine whether or not the financial service provider is committing or has committed the contravention.

(2) Whenever the F327 [ Bank ] suspects on reasonable grounds that a person concerned in the management of a regulated financial service provider is participating or has participated in the commission of a prescribed contravention by the financial service provider, it may hold an inquiry to determine whether or not the person is participating or has participated in the contravention. F329 [ ]

F330 [ (3) Without prejudice to the exercise of the Bank s powers under subsection (2), an inquiry referred to in that subsection may form part of an inquiry held under this section in relation to the suspected commission of a prescribed contravention by the financial service provider. ] ]

Annotations:

Amendments:

F328

Inserted (1.08.2004) by Central Bank and Financial Services Authority of Ireland Act 2004 (21/2004), s. 10, S.I. No. 455 of 2004, subject to transitional provisions in s. 35 and sch. 5.

F327

Substituted (1.10.2010) by Central Bank Reform Act 2010 (23/2010), s. 14(2)(a), S.I. No. 469 of 2010.

F329

Deleted (1.08.2013) by Central Bank (Supervision and Enforcement) Act 2013 (26/2013), s. 67(a), S.I. No. 287 of 2013.

F330

Inserted (1.08.2013) by Central Bank (Supervision and Enforcement) Act 2013 (26/2013), s. 67(b), S.I. No. 287 of 2013.

Editorial Notes:

E165

Inquiry under section listed as exception to rule against identity disclosure (1.08.2013) by Central Bank (Supervision and Enforcement) Act 2013 (26/2013), s. 40(5)(b)(i), S.I. No. 287 of 2013.