Central Bank Act 1942

F119[Interpretation: Part III.


18A.In this Part, unless the context otherwise requires

"credit institution" means an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credit on its own account but does not include the European Central Bank;

"financial institution" means an undertaking, other than a credit institution, that provides one or more of the kinds of financial services that are set out in the Schedule to the European Communities (Licensing and Supervision of Credit Institutions) Regulations 1992 (S.I. No. 395 of 1992);

"insurance undertaking" has the meaning given by the Insurance Act 1989. ]




Inserted (1.05.2003) by Central Bank and Financial Services Authority of Ireland Act 2003 (12/2003), s. 13, S.I No. 160 of 2003, subject to transitional provisions in s. 36 and sch. 3, paras. 2 and 3.