Investor Compensation Act, 1998

Amendment of section 8 of Stock Exchange Act, 1995.

70.Section 8 of the Stock Exchange Act, 1995 , is hereby amended by the insertion after subsection (4) of the following subsection:

“(5) (a) The Bank may arrange for the publication of notices in any of the newspapers circulating in the State or elsewhere or in the Iris Oifigiúil where the Bank reasonably believes that a company registered in the State or any other person operating in the State is acting as a stock exchange or claiming or holding itself out to be a stock exchange without an approval as required in section 8 (2) of this Act.

(b) The Bank shall endeavour to provide the stock exchange with seven days notice of its intention to publish in accordance with paragraph (a) of this subsection.”.