Central Bank Act, 1961

General power to amend the Scheme.

2.—(1) The Scheme may be amended from time to time.

(2) Every such amendment shall be effected by means of an amending scheme which the Board of Directors of the Central Bank of Ireland is hereby authorised to make subject to the consent of the Minister for Finance.

(3) Every scheme under this section shall be laid before each House of the Oireachtas as soon as may be after it is made and if either House, within the next twenty-one days on which that House has sat after the scheme is laid before it, passes a resolution annulling the scheme, the scheme shall be annulled accordingly, but without prejudice to the validity of anything previously done thereunder.