Criminal Justice (Money Laundering and Terrorist Financing) Act 2010

106S

F171[Register of Virtual Asset Service Providers

106S. (1) The Bank shall establish and maintain a register (to be known as "the Register of Virtual Asset Service Providers" and in this Act referred to as "the Register") of persons registered under this Chapter to carry on business as a virtual asset service provider containing—

(a) the name and the address of the principal place of business of each person registered to carry on business as a virtual asset service provider,

(b) such other information as may be prescribed.

(2) The Register may be in book form, electronic form or such other form as the Bank may determine and may be maintained in an electronic, mechanical or other non-written form only if it is capable of being reproduced in a written form.

(3) The Bank shall publish a register in written, electronic or other form and a member of the public is entitled to obtain a copy of the Register or of an entry in the Register on payment of such reasonable copying charges as may be prescribed (if any) under section 32E of the Act of 1942 for the purposes of this section.

(4) The holder of a registration to which an entry in the Register relates, shall as soon as practicable after the holder becomes aware of any error in the entry, or any change in circumstances that is likely to have a bearing on the accuracy of the entry, give notice in writing to the Bank of the error, or change in circumstances, as the case may be.

(5) In any legal proceedings, a certificate purporting to be signed by the Bank and stating that a person—

(a) is recorded in the Register as the holder of a registration;

(b) is not recorded in the Register as the holder of a registration;

(c) was recorded in the Register as being, at a specified date or during a specified period, the holder of a registration; or

(d) was not recorded in the Register as being, at a specified date or during a specified period, the holder of a registration,

is evidence of the matter referred to in paragraph (a), (b), (c) or (d) (as the case may be), and is taken to have been signed by the person purporting to have signed it, unless the contrary is shown.

(6) The Bank may prescribe particulars for the purposes of subsection (1)(b) or section 106T only if satisfied that those particulars reasonably relate to the business of virtual asset service providers or to the regulation of the business of virtual asset service providers under this Chapter.]

Annotations:

Amendments:

F171

Inserted (23.04.2021) by Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (3/2021), s. 25, S.I. No. 188 of 2021.