S.I. No. 130/2002 - Investor Compensation Act 1998 (Prescription of Bodies) Regulations 2002


I, CHARLIE McCREEVY, Minister for Finance, in exercise of the powers conferred on me by section 18 (3) of the Investor Compensation Act 1998 (No. 37 of 1998 ), with the consent of the Minister for Enterprise, Trade and Employment, hereby make the following regulations:

1. These Regulations may be cited as the Investor Compensation Act 1998 (Prescription of Bodies) Regulations, 2002.

2. Section 2 of the Investor Compensation Act 1998 (Prescription of Bodies) Regulations 1998 ( S.I. No. 280 of 1998 ) is amended as follows:

“2. The following bodies are hereby prescribed as bodies which appear to the Minister to represent the financial services industry:

Irish Brokers Association Limited

Irish Stock Exchange Limited

Irish Bankers Federation

Irish Association of Investment Managers.

Professional Insurance Brokers Association Limited”.

GIVEN under my Official Seal,

21 March 2002.

Charlie McCreevy

CHARLIE McCREEVY,

Minister for Finance.

The Minister for Enterprise, Trade and Employment consents to the making of the foregoing Regulations.

GIVEN under my Official Seal,

21 March 2002.

Mary Harney

Mary Harney

Minister for Enterprise, Trade and Employment

EXPLANATORY NOTE

These regulations add the Professional Insurance Brokers Association Ltd. to the list of prescribed bodies representing the financial services industry who may nominate directors to the Board of the Investor Compensation Company.