Credit Union Act 1997

52

F85 [ Appeal against certain decisions of Bank.

F86 [ 52. The following decisions are appealable decisions for the purposes of Part VIIA of the Central Bank Act 1942 :

( a ) a decision by the Bank under section 6A for the purposes of subsection (1) or (2) of that section;

( b ) a decision by the Bank under section 11(5) to direct a credit union to change its name to a name approved by the Bank;

( c ) a decision by the Bank under section 41(5) to direct a credit union to dispose of the interest to which the direction relates;

( d ) a decision by the Bank under section 49(3)(b) to refuse to grant approval;

( e ) a decision by the Bank under section 50(3)(a) to withdraw an approval granted under section 49;

( f ) a decision by the Bank under section 50(3)(b) to vary any condition imposed on such an approval;

( g ) a decision by the Bank to impose any condition on such an approval (whether at the time the approval is granted or later by virtue of section 50(3)(c) );

( h ) a decision by the Bank to give a regulatory direction under subsection (1) or (2) of section 87 . ] ]

Annotations:

Amendments:

F85

Substituted (1.08.2004) by Central Bank and Financial Services Authority of Ireland Act 2004 (21/2004), s. 10(2) and sch. 1 pt. 7 item 4, S.I. No. 455 of 2004.

F86

Substituted (1.08.2013) by Credit Union and Co-operation with Overseas Regulators Act 2012 (40/2012), s. 14, S.I. No. 280 of 2013.

Editorial Notes:

E37

Previous affecting provision: section amended (1.05.2003) by Central Bank and Financial Services Authority of Ireland Act 2003 (12/2003), s. 35(1) and sch. 1 pt. 24 item 29, S.I. No. 160 of 2003, subject to saver in s. 36 and sch. 3 para. 26; substituted as per F-note above.