Central Bank Act 1942

F416 [ Eligibility for appointment as a member.

57E

57E. (1) A person is eligible to be appointed as the Chairperson or Deputy Chairperson only if the person is

F417 [ (a) a former judge of the Supreme Court, the Court of Appeal or the High Court, or ]

( b ) a barrister or solicitor of not less than 7 years standing.

(2) A person is eligible to be appointed as a lay member only if the President is satisfied that the person has special knowledge or skill in relation to the provision of financial services.

(3) A person is not eligible for appointment as a member if the person

( a ) is a member of either House of the Oireachtas or is, with the person s consent, nominated as a candidate for election as such a member or is nominated as a member of Seanad É ireann, or

( b ) is a member of the European Parliament or is, with the person s consent, nominated as a candidate for election as such a member or to fill a vacancy in the membership of that Parliament, or

( c ) is a member of a local authority or is, with the person s consent, nominated as a candidate for election as such a member. ]