Central Bank Act, 1997

Failure by bureaux de change to comply with requirements or conditions.

32.—(1) Where, on an application made in a summary manner by the Bank, the Court is of the opinion that there has occurred or is occurring a failure by a person carrying on bureau de change business to comply with a requirement or condition imposed by virtue of section 30 , the Court may by order prohibit the continuance of the failure by the person concerned.

(2) The Court when considering the matter may make such interim or interlocutory order as it considers appropriate.

(3) Where the Court is satisfied, because of the nature or the circumstances of the case or otherwise in the interests of justice, that it is desirable, the whole or any part of proceedings under this section may be heard otherwise than in public.