Central Bank (Individual Accountability Framework) Act 2023
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Investigations under Part IIIC of Act of 1942 | ||
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93. (1) In this section, “investigation” means an investigation by the Bank as to— | ||
(a) whether a person is committing or has committed one or more prescribed contraventions, or | ||
(b) whether a person is participating or has participated in the commission of one or more prescribed contraventions. | ||
(2) In relation to an investigation where the decision by the Bank to carry out the investigation was made before the date of commencement of section 43 , Chapter 2 of Part IIIC of the Act of 1942, as amended by that section, has effect on and after that date— | ||
(a) with the omission of section 33ANJ, and | ||
(b) in subsection (1) of section 33ANK— | ||
(i) with the omission of paragraph (a), and | ||
(ii) with the substitution of the following paragraph for paragraph (c): | ||
“(c) any response or other submission by the person to whom the investigation relates that that person is entitled to make,”. | ||
(3) Subsections (1) and (2) of section 33AO of the Act of 1942 as substituted by section 44 , subsection (2A) of section 33AQ of that Act as amended by section 46 , and subsections (1)(a) and (3)(a) of section 33AR of that Act as substituted by section 47 , where they apply in relation to an investigation completed before the commencement of section 43 , have effect as if references to the final report of an investigation provided under section 33ANK(5) of that Act were references to the findings of the investigation, and as if references to any submissions provided with the report were references to any submissions made to the Bank at the conclusion of the investigation. |