Credit Union and Co-operation with Overseas Regulators Act 2012


General regulations by Bank.

33.— The Principal Act is amended by inserting the following after section 182:

“182A.— (1) The Bank may make regulations in respect of any matter which, under any provision of the Credit Union Acts 1997 to 2012, is to be prescribed by the Bank.

(2) Regulations made by the Bank under the Credit Union Acts 1997 to 2012 may apply either generally or by reference to a specified category or categories of credit unions, or to a specified time or times, or during a specified period or periods or by reference to any other matter as the Bank may consider appropriate.”.