Credit Union Act 1997

52

Appeal against certain decisions of Bank.

F135[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.]

Annotations

Amendments:

F135

Substituted (1.08.2013) by Credit Union and Co-operation with Overseas Regulators Act 2012 (40/2012), s. 14, S.I. No. 280 of 2013.

Editorial Notes:

E52

Previous affecting provision: section substituted (1.08.2004) by Central Bank and Financial Services Authority of Ireland Act 2004 (21/2004), s. 10(2) and sch. 1 part 7 item 4, S.I. No. 455 of 2004; section substituted (1.08.2013) as per F-note above.

E53

Previous affecting provision: section amended (1.05.2003) by Central Bank and Financial Services Authority of Ireland Act 2003 (12/2003), s. 35(1) and sch. 1 part 24 item 29, S.I. No. 160 of 2003, subject to saver in s. 36 and sch. 3 para. 26; section substituted as per E-note above.