Central Bank (Supervision and Enforcement) Act 2013

66

Amendment of section 36A of Central Bank Act 1997.

66.— Section 36A(1) of the Central Bank Act 1997 is amended—

(a) in paragraph (d) by inserting “or any other designated enactment or designated statutory instrument” after “this Part” in both places,

(b) in paragraph (l)(ii) by substituting “terrorism, or” for “terrorism.”, and

(c) by inserting the following after paragraph (l):

“(m) the holder of the authorisation is not, in the opinion of the Bank, a fit and proper person to hold the authorisation, or

(n) any officer or qualifying shareholder of the holder of the authorisation is not, in the opinion of the Bank, a fit and proper person to be such an officer or shareholder, or

(o) it is necessary in the interests of the proper and orderly regulation and supervision of the regulated business concerned.”.