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Central Bank Act, 1998

Functions and duties of Governor.

17.The Act of 1997 is hereby amended by the substitution of the following section for section 24 :

“24.—(1) Subject to the requirements of the Treaty and of the Statute, the Governor of the Bank shall, if so requested, attend before a Joint Committee of the Oireachtas that is assigned the role of examining matters related to the Bank and shall furnish that Committee with such information as may be requested, subject to any restrictions in this regard as are placed on the Governor by virtue of the Central Bank Acts, 1942 to 1997, and any other enactment.

(2) In this Act—

the Treaty’ means the Treaty establishing the European Community done at Rome on the 25th day of March, 1957 (as amended by the Treaty on European Union done at Maastricht on the 7th day of February, 1992);

the Statute’ means the Statute of the European System of Central Banks and of the European Central Bank as set out in Protocol (No. 3) (annexed by the Treaty on European Union done at Maastricht on the 7th day of February, 1992) to the Treaty establishing the European Community done at Rome on the 25th day of March, 1957.”.