Central Bank Act 1997

Prohibition of revocation of certain payments.

19

19.Where any credit institution instructs the F10[Bank] to make a payment to the F10[Bank] or to another credit institution that instruction may not be revoked on or after the debiting of the account of such credit institution.

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Amendments:

F10

Substituted (1.08.2004) by Central Bank and Financial Services Authority of Ireland Act 2004 (21/2004), s. 25, S.I. No. 455 of 2004, art. 2 and sch. part 1(a).