Central Bank Reform Act 2010

18.

Definitions ( Part 3).

18.— (1) In this Part—

“Court” means the High Court;

F3 [ ECB means the European Central Bank; ]

“evidentiary notice” means a notice under section 32 ;

“controlled function” means a function prescribed in regulations made under section 20 ;

“pre-approval controlled function” shall be construed in accordance with section 22 ;

F3 [ SSM Regulation means Council Regulation (EU) No. 1024/2013 of 15 October 2013 13 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions; ]

F3 [ SSM Framework Regulation means Regulation (EU) No. 468/2014 of the European Central Bank of 16 April 2014 14 establishing the framework for co-operation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities; ]

“suspension notice” means a notice under section 26.

(2) This Part applies to and in relation to regulated financial service providers other than credit unions.

(3) On and from a date to be fixed by the Minister by order, this Part applies to and in relation to all regulated financial service providers, including credit unions.

Annotations

Amendments:

F3

Inserted (4.11.2014) by European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), reg. 36.

Editorial Notes:

E8

Power pursuant to subs. (3) exercised (24.09.2012) by Central Bank Reform Act 2010 (Application of Part 3 to Credit Unions) Order 2012 (S.I. No. 378 of 2012).

2. The 24th day of September 2012 is fixed as the date on which Part 3 of the Central Bank Reform Act 2010 applies to and in relation to all regulated financial service providers, including credit unions.