Central Bank Act 1942

F406[F407[Bank] may refer to Court question of law arising at inquiry.

33BB

33BB.(1) The F407[Bank] may, on its own initiative or at the request of the financial service provider or other person concerned, refer to the Court for decision a question of law arising at an inquiry.

(2) If a question has been referred under subsection (1), the F407[Bank] may not, in relation to a matter to which the inquiry relates

(a) give a decision to which the question is relevant while the reference is pending, or

(b) proceed in a manner, or make a decision, that is inconsistent with the Courts opinion on the question.

(3) If a question is referred under subsection (1)

(a) the F407[Bank] shall send to the Court all documents before F408[the Bank] that are relevant to the matter in question, and

(b) at the end of the proceeding in the Court in relation to the reference, the Court shall cause the documents to be returned to F408[the Bank].]

Annotations

Amendments:

F406

Inserted (1.08.2004) by Central Bank and Financial Services Authority of Ireland Act 2004 (21/2004), s. 10, S.I. No. 455 of 2004, subject to transitional provisions in s. 35 and sch. 5.

F407

Substituted (1.10.2010) by Central Bank Reform Act 2010 (23/2010), s. 14(2)(a), S.I. No. 469 of 2010.

F408

Substituted (1.10.2010) by Central Bank Reform Act 2010 (23/2010), s. 14(2)(b), S.I. No. 469 of 2010.