Central Bank and Credit Institutions (Resolution) Act 2011

106.

Codes of practice.

106.— (1) The Bank may, after consultation with the Minister, issue a code of practice relating to the operation of this Act including the exercise of any powers under this Act.

(2) An authorised credit institution shall comply with a code of practice issued under this section.

(3) In the Bank’s consultation with the Minister, the Bank shall ensure that the Minister is afforded a minimum consultation period of 2 months.