Central Bank (Individual Accountability Framework) Act 2023
|
Disqualification under section 33AQ of Act of 1942 in case where contravention or participation occurred before commencement of section 46 | ||
|
95. (1) For the purposes of the imposition of a sanction in respect of the commission, before the commencement of section 46 , of a prescribed contravention, paragraph (d) of subsection (3) of section 33AQ of the Act of 1942 continues to apply as if paragraph (b)(iv) of section 46 had not been commenced. | ||
(2) For the purposes of the imposition of a sanction in respect of participation, before the commencement of section 46 , in the commission of a prescribed contravention, paragraph (c) of subsection (5) of section 33AQ of the Act of 1942 continues to apply as if paragraph (d)(ii) of section 46 had not been commenced. | ||
(3) In relation to— | ||
(a) a direction imposed under paragraph (d) of section 33AQ(3) of the Act of 1942 as it applied before the commencement of paragraph (b)(iv) of section 46 , or as it applies by virtue of subsection (1), or | ||
(b) a direction imposed under paragraph (c) of section 33AQ(5) of the Act of 1942 as it applied before the commencement of paragraph (d)(ii) of section 46 , or as it applies by virtue of subsection (2), | ||
section 33AU of the Act of 1942 continues to apply as if section 51 had not been commenced. |