Central Bank (Individual Accountability Framework) Act 2023

Amendment of section 21 of Act of 2013

85. Section 21 of the Act of 2013 is amended—

(a) in subsection (1)—

(i) in paragraph (l), by the substitution of “company;” for “company.”, and

(ii) by the insertion of the following paragraph after paragraph (l):

“(m) subject to subsection (4), a holding company within the meaning of Part 3 of the Central Bank Reform Act 2010 .”,

and

(b) by the insertion of the following subsection after subsection (3):

“(4) In the case of a person referred to in paragraph (m) of subsection (1) (and not in any other paragraph of that subsection), this Part applies only for the purpose of the performance by the Bank of functions under Part 3 of the Central Bank Reform Act 2010 .”.