Insurance (Miscellaneous Provisions) Act 2022

Amendment of Central Bank Act 1942

10. (1) The Central Bank Act 1942 is amended, in Part 1 of Schedule 2, by the substitution of the following item for item 47:


No. 53 of 2019

Consumer Insurance Contracts Act 2019

Sections 10, 11, 12, 13, 14, 16, 16A and 16B (including those sections as modified by section 10(2) and (3) of the Insurance (Miscellaneous Provisions) Act 2022)


(2) With respect to the amendment effected to the Central Bank Act 1942 by subsection (1), and that amendment only and so as not to affect the operation of the general law specified in subsection (3), where a reference occurs in section 10, 11, 12, 13, 14, 16, 16A or 16B of the Act of 2019 to “insurer”, that reference shall be construed, where an insurance intermediary is acting on behalf of an insurer, as including a reference to the insurance intermediary.

(3) The general law referred to in subsection (2) is the general law whereby an act or omission done or made by an agent, such as an insurance intermediary, on behalf of an insurer is regarded as an act or omission done or made by the insurer.

(4) In this section, “insurer” and “insurance intermediary” have the same meanings as they have in the Act of 2019.