Credit Union and Co-operation with Overseas Regulators Act 2012

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;”.