Credit Union and Co-operation with Overseas Regulators Act 2012

14.

Appeal against certain decisions of Bank.

14.— The Principal Act is amended by substituting the following for section 52:

“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.”.