Central Bank Act, 1998

Amendment of section 7 of Act of 1942.

6.—Section 7 (as substituted by section 21 of the Act of 1997) of the Act of 1942 is hereby amended—

(a) by the repeal of paragraph (g), and

(b) by the insertion after paragraph (m) of the following paragraphs:

“(mm) transfer assets, income or liabilities to the European Central Bank where required to under the Statute;

(mmm) exercise any power or perform any task or duty conferred on the Bank by or under the Treaty or the Statute;”.