Central Bank and Financial Services Authority of Ireland Act 2004

PART 3

Amendment of Central Bank Act 1997

Amendment of section 2 of Central Bank Act 1997 (Interpretation).

24.—(1) Section 2 (1) of the Central Bank Act 1997 is amended—

(a) by inserting the following definitions after the definition of “Bank”:

“ ‘Central Bank Acts’ means the Central Bank Act 1942 as amended from time to time, and includes all Acts that are to be construed together with that Act as one Act;

‘contravene’ includes fail to comply;”;

(b) by inserting the following definitions after the definition of “credit institution”;

“ ‘designated enactment’ means an enactment specified in Part 1 of Schedule 2 to the Central Bank Act 1942 ;

‘designated statutory instrument’ means a statutory instrument specified in Part 2 of Schedule 2 to the Central Bank Act 1942 ;

‘EEA country’ means a country that is a member of the European Economic Area;”;

(c) by inserting the following definitions after the definition of “prescribed”:

“ ‘publication’ includes publication on an Internet website;

‘publish’ includes publish by means of the Internet;

‘record’ means any record of information, however compiled, recorded or stored, and includes—

(a) any book, a register and any other document containing information, and

(b) any disc, tape or other article from which information is capable of being produced in any form capable of being reproduced visually or aurally;

‘regulated financial service provider’ has the same meaning as in section 2(1) of the Act of 1942;”;

(d) by deleting “,1942 to 1997” from paragraph (a) of the definition of “statutory functions”.

(2) Section 2 (2) of the Central Bank Act 1997 is amended by deleting “,1942 to 1997”.

(3) Section 2 is amended by inserting the following subsection after subsection (2):

“(2A) For the purposes of this Act, a person is concerned in the management of a body corporate, if the person is in any way involved in directing, managing or administering the affairs of the body or firm.”.