Central Bank Act, 1997
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Interpretation. |
2.—(1) In this Act, unless the context otherwise requires— | |
“the Act of 1942” means the Central Bank Act, 1942 ; | ||
“the Act of 1971” means the Central Bank Act, 1971 ; | ||
“the Act of 1989” means the Central Bank Act, 1989; | ||
“the Bank” means the Central Bank of Ireland; | ||
“the Court” means the High Court; | ||
“credit institution” has the meaning assigned to it by the Regulations of 1992; | ||
“enactment” means any Act or instrument made thereunder; | ||
“financial institution” means an undertaking other than a credit institution providing any one or more of the financial services set out in the Schedule to the Regulations of 1992; | ||
“insurance undertaking” has the meaning assigned to it by the Insurance Act, 1989 ; | ||
“the Minister” means the Minister for Finance; | ||
“mortgage lender” means a credit institution or other person whose business includes the making of housing loans where “housing loan” means an agreement for credit on the security of a mortgage of a freehold or leasehold estate or interest in a house where— | ||
(a) the loan is made for the purpose of enabling the borrower to provide or improve the house or to purchase the said estate or interest, or | ||
(b) the loan is made for the purpose of refinancing a loan within the meaning of paragraph (a), or | ||
(c) the house is to be used as the principal residence of the borrower or his dependants; | ||
“prescribed” means prescribed by Regulations made by the Minister; | ||
“the Regulations of 1992” means the European Communities (Licensing and Supervision of Credit Institutions) Regulations, 1992 ( S.I. No. 395 of 1992 ); | ||
“statutory functions”, in relation to the Bank, means its functions— | ||
(a) under the Central Bank Acts, 1942 to 1997, | ||
(b) imposed by virtue of the ACC Bank Act, 1992 (Section 4) Regulations, 1992 ( S.I. No. 373 of 1992 ), the ICC Bank Act, 1992 (Section 3) Regulations, 1993 ( S.I. No. 24 of 1993 ), the European Communities (Licensing and Supervision of Credit Institutions) Regulations, 1992 ( S.I. No. 395 of 1992 ), or the European Communities (Consolidated Supervision of Credit Institutions) Regulations, 1992 ( S.I. No. 396 of 1992 ), | ||
(c) under the Unit Trusts Act, 1990 (No. 37 of 1990), | ||
(d) under the Building Societies Act, 1989 (No. 17 of 1989), | ||
(e) under the Companies Act, 1990 (No. 33 of 1990), | ||
(f) under the Trustee Savings Banks Act, 1989 (No. 21 of 1989), | ||
(g) under the Investment Limited Partnerships Act, 1994 (No. 24 of 1994), | ||
(h) under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 1989 ( S.I. No. 78 of 1989 ), and any instruments amending that instrument, | ||
(i) under the Stock Exchange Act, 1995 (No. 9 of 1995), | ||
(j) under the Investment Intermediaries Act, 1995 (No. 11 of 1995), and | ||
(k) under any other enactment; | ||
“subsidiary” has the meaning assigned to it by section 155 of the Companies Act, 1963 . | ||
(2) For the purposes of the Central Bank Acts, 1942 to 1997, “deposit”, on or after the commencement of this section, means a sum of money accepted on terms under which it is repayable with or without interest whether on demand or on notice or at a fixed or determinable future date. | ||
(3) In this Act a reference to a section, a Part or a Schedule is a reference to a section or a Part of, or a Schedule to, this Act, unless it is indicated that reference to some other enactment is intended. | ||
(4) In this Act a reference to a subsection, paragraph or subparagraph is a reference to a subsection, paragraph or subparagraph of the provision in which the reference occurs, unless it is indicated that reference to some other provision is intended. | ||
(5) In this Act a reference to an enactment shall be construed as a reference to that enactment as amended or adapted, whether before or after the commencement of this section, by or under any subsequent enactment. |