Credit Union and Co-operation with Overseas Regulators Act 2012

48.

Collection of ReBo levy and amendment of section 61H of the Central Bank Act 1942.

48.— (1) The ReBo levy shall be collected by ReBo or, where an arrangement has been entered into by it with the Bank pursuant to section 61H of the Central Bank Act 1942 (as amended by subsection (2)), by the Bank.

(2) Section 61H(4) of the Central Bank Act 1942 is amended in the definition of “prescribed body” by inserting the following after paragraph (c):

“(ca) the Credit Union Restructuring Board;”.

Annotations:

Amendments:

F9

Substituted by Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), s. 15, not commenced as of date of revision.

Modifications (not altering text):

C11

Prospective affecting provision: subs. (1) substituted by Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), s. 15, not commenced as of date of revision.

48. F9[(1) The ReBo levy charged under the Credit Union Fund (ReBo Levy) Regulations 2015, the Credit Union Fund (ReBo Levy) Regulations 2016 or the Credit Union Fund (ReBo Levy) Regulations 2017 shall be collected by the Minister.]