Central Bank Act, 1997

Amendment of section 28 of Act of 1942.

51.—Section 28 of the Act of 1942 is hereby amended by the substitution of the following subsection for subsection (2):

“(2) Not less than ten days before the expiration by effluxion of time of the term of office of a Director to whom this section applies the Secretary to the Board shall notify the Minister of such prospective vacancy.”.