Central Bank Reform Act 2010

F61[Independence of decision-makers

52A

52A.(1) This section applies to the following functions:

(a) deciding whether to issue a suspension notice;

(b) deciding whether to confirm a suspension notice;

(c) deciding whether to impose a prohibition under section 43.

(2) The Bank shall not rely on any contract of service or contract for services with a person exercising a function to which this section applies in any way that may affect the person’s independence in the exercise of that function.]

Annotations

Amendments:

F61

Inserted (19.04.2023) by Central Bank (Individual Accountability Framework) Act 2023 (5/2023), s. 36, S.I. No. 176 of 2023.

Editorial Notes:

E43

The section heading is taken from the amending section in the absence of one included in the amendment.