Central Bank Act 1942
F491[F492[Bank] may refer to Court question of law arising at inquiry.
33BB.—(1) The F492[Bank] may, on its own initiative or at the request of the F493[…] person concerned, refer to F494[the High Court] for decision a question of law arising at an inquiry.
(2) If a question has been referred under subsection (1), the F492[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 F494[the High Court]’s opinion on the question.
(3) If a question is referred under subsection (1)—
(a) the F492[Bank] shall send to F494[the High Court] all documents before F495[the Bank] that are relevant to the matter in question, and
(b) at the end of the proceeding in F494[the High Court] in relation to the reference, F494[the High Court] shall cause the documents to be returned to F495[the Bank].]
Annotations
Amendments:
F491
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.
F492
Substituted (1.10.2010) by Central Bank Reform Act 2010 (23/2010), s. 14(2)(a), S.I. No. 469 of 2010.
F493
Deleted (19.04.2023) by Central Bank (Individual Accountability Framework) Act 2023 (5/2023), s. 63(a), S.I. No. 176 of 2023.
F494
Substituted (19.04.2023) by Central Bank (Individual Accountability Framework) Act 2023 (5/2023), s. 63(b), S.I. No. 176 of 2023.
F495
Substituted (1.10.2010) by Central Bank Reform Act 2010 (23/2010), s. 14(2)(b), S.I. No. 469 of 2010.