Central Bank (National Claims Information Database) Act 2018

Amendment of section 22 of Central Bank (Supervision and Enforcement) Act 2013

10. Section 22 of the Central Bank (Supervision and Enforcement) Act 2013 is amended by the substitution of the following subsection for subsection (1):

“(1) Where it is necessary to do so for the purpose of the performance of—

(a) the Bank’s functions under financial services legislation relating to the proper and effective regulation of financial service providers, or

(b) to the extent that any element of the function conferred on the Bank by section 8 of the Central Bank (National Claims Information Database) Act 2018 does not fall within the description of its functions contained in paragraph (a), that element of the function conferred on it by that section 8 ,

the Bank may, by notice in writing given to a person to whom this Part applies, require the person—

(i) to provide to the Bank the information specified in the notice,

(ii) to provide to the Bank the records so specified, or

(iii) to prepare and provide to the Bank the forecasts, plans, accounts or other documents so specified.”.