Updated to 14 January 2022 (Act No. 47 of 2021 and S.I. No. 18 of 2022)

Contents

Commencement

SectionCommencement DateCommencement Information
Ss. 1-5 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
S. 6 1 January 2011 Central Bank Reform Act 2010 (Commencement of Certain Provisions) (No. 2) Order 2010 (S.I. No. 686 of 2010), art. 2
Ss. 7-14 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
Ss. 15(1)-(4) 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
S. 15(5) 1 January 2011 Central Bank Reform Act 2010 (Commencement of Certain Provisions) (No. 2) Order 2010 (S.I. No. 686 of 2010), art. 2
Ss. 15(6)-(14) 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
Ss. 16-53 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
Sch. 1 except so much of Sch. 1, pt. 1, item 39 as inserts s. 32B into Central Bank Act 1942 (No. 22 of 1942) 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2 
Sch. 1 pt. 1 item 39 in so far as it inserts s. 32B into Central Bank Act 1942 (No. 22 of 1942) 19 September 2013 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2013 (S.I. No. 360 of 2013), art. 2 
Sch. 2 pts. 1-4 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
Sch. 2 pt. 5 1 January 2011 Central Bank Reform Act 2010 (Commencement of Certain Provisions) (No. 2) Order 2010 (S.I. No. 686 of 2010), art. 2
Sch. 2 pts. 6-14 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2
Sch. 3 1 October 2010 Central Bank Reform Act 2010 (Commencement of Certain Provisions) Order 2010 (S.I. No. 469 of 2010), art. 2

Amendments and other effects

How AffectedAffecting Provision
Act included in collectively cited Central Bank Acts Consumer Protection (Regulation of Credit Servicing Firms) Act 2018 (36/2018), s. 3(2)
  Consumer Protection (Regulation of Credit Servicing Firms) Act 2015  (21/2015), s. 9(2)
  Central Bank Act 2014 (9/2014), s. 3(2)
  Central Bank (Supervision and Enforcement) Act 2013 (26/2013), s. 1(2)
  Credit Union and Co-operation with Overseas Regulators Act 2012  (40/2012), s. 1(3)
  Central Bank and Credit Institutions (Resolution) Act 2011 (27/2011), s. 1(2)
  s. 1(2)
Application of collectively cited Central Bank Acts restricted European Union (Bank Recovery and Resolution) Regulations 2015 (S.I. No. 289 of 2015), reg. 119(2)(a)
Construction of references “Pensions Board” Pensions Act 1990 (No. 25 of 1990), s. 9A (see
  Social Welfare and Pensions (Miscellaneous Provisions) Act 2013 (No. 20 of 2013), ss. 1(5), 26)
S. 3 amended Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 1
  Credit Union and Co-operation with Overseas Regulators Act 2012 (No. 40 of 2012), ss. 2(1), 69(a)
Part 3 (ss. 18-53) application extended Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, s. 106D as inserted by Act 3/2021, s. 25 
Part 3 (ss. 18-53) date prescribed for application to regulated financial services providers Central Bank Reform Act 2010 (Application of Part 3 to Credit Unions) Order 2012 (S.I. No. 378 of 2012), art. 2
Part 3 (ss. 18-53) non-application of Credit Institutions (Stabilisation) Act 2010 ( No. 36 of 2010), ss. 1(2), 45(1)
Part 3 (ss. 18-53) service under Central Bank Reform Act 2010 (Procedures Governing the Conduct of Investigations) Regulations 2012 (S.I. No. 56 of 2012), reg. 14
S. 18(1) amended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 36
S. 20(1) functions prescribed Central Bank Reform Act 2010 (Sections 20 and 22 — Credit Unions that are also authorised as Retail Intermediaries) Regulations 2015 (S.I. No. 97 of 2015), regs. 4-9, 14, sch.1
  Central Bank Reform Act 2010 (Sections 20 and 22 - Credit Unions) Regulations 2013 (S.I. No. 171 of 2013)
  Central Bank Reform Act 2010 (Sections 20 and 22) Regulations 2011 (S.I. No. 437 of 2011), regs. 2, 4, 5, 7, 8, 9, 10 & sch. 1
S. 22(2) functions prescribed Central Bank Reform Act 2010 (Sections 20 and 22 — Credit Unions that are also authorised as Retail Intermediaries) Regulations 2015 (S.I. No. 97 of 2015), regs. 5-11, 14, sch. 2
  Central Bank Reform Act 2010 (Sections 20 and 22 - Credit Unions) Regulations 2013 (S.I. No. 171 of 2013)
  Central Bank Reform Act 2010 (Sections 20 and 22) Regulations 2011 (S.I. No. 437 of 2011), regs. 3, 4-11 & sch. 2
S. 23 standard of proof & saver Central Bank Reform Act 2010 (Procedures Governing the Conduct of Investigations) Regulations 2012 (S.I. No. 56 of 2012), reg. 11
S. 23(1) amended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 37
S. 23(1) substituted Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 2(a)
S. 23(6)(b) amended Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 2(b)
S. 23A inserted European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 38
Ss. 24, 25 application extended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 3(3)
S. 25(3)(a)-(h) standard of proof Central Bank Reform Act 2010 (Procedures Governing the Conduct of Investigations) Regulations 2012 (S.I. No. 56 of 2012), reg. 11
S. 25(3)(ca) inserted Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 3
Ss. 26-35 application extended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 3(3)
S. 35(4) saver Central Bank Reform Act 2010 (Procedures Governing the Conduct of Investigations) Regulations 2012 (S.I. No. 56 of 2012), reg. 7(1)
Ss. 36-41 application extended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 3(3)
S. 41 standard of proof & saver Central Bank Reform Act 2010 (Procedures Governing the Conduct of Investigations) Regulations 2012 (S.I. No. 56 of 2012), reg. 11
Ss. 42, 43 application extended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 3(3)
S. 43(2)(ca) inserted Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 4
Ss. 43-46 application extended European Union (Single Supervisory Mechanism) Regulations 2014 (S.I. No. 495 of 2014), regs. 1(2), 3(3)
S. 48 relevant offence under Act Criminal Justice Act 2011 (No. 22 of 2011), ss. 1(2), 3 & sch. 1(13)
S. 52(2A) inserted Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 5(a)
S. 52(3) amended Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 5(b)
Part 4 application extended Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, s. 106D as inserted by Act 3/2021, s. 25 
Part 4 (s. 54) inserted Credit Union and Co-operation with Overseas Regulators Act 2012 (No. 40 of 2012) ss. 2(1), 69(b)
s. 54 substituted Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 5(1), sch. 2 pt. 4 item 6
Part 5 (ss. 55-66) inserted Credit Union and Co-operation with Overseas Regulators Act 2012 (No. 40 of 2012) ss. 2(1), 69(b)
Part 5 (ss. 55-66) repealed Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013), ss. 2, 4(1), sch. 1 pt. 1 item 17
Sch. 3 references to the Financial Services Ombudsman construed as Financial Services and Pensions Ombudsman 22/2017, s. 29(3)

SIs made under the Act

SectionSIs made under the Act
S. 18(3) Central Bank Reform Act 2010 (Application of Part 3 to Credit Unions) Order 2012 (S.I. No. 378 of 2012)
Ss. 20(1), 22(2) Central Bank Reform Act 2010 (Sections 20 and 22) (Amendment) Regulations 2020 (S.I. No. 410 of 2020)
  Central Bank Reform Act 2010 (Sections 20 and 22 - Credit Unions) (Amendment) Regulations 2018 (S.I. No. 187 of 2018)
  Central Bank Reform Act 2010 (Sections 20 and 22) (Amendment) Regulations 2015 (S.I. No. 545 of 2015)
  Central Bank Reform Act 2010 (Sections 20 and 22 - Credit Unions that are also Authorised as Retail Intermediaries) Regulations 2015 (S.I. No. 97 of 2015)
  Central Bank Reform Act 2010 (Sections 20 and 22) (Amendment) Regulations 2014 (S.I. No. 394 of 2014)
  Central Bank Reform Act 2010 (Sections 20 and 22 - Credit Unions) Regulations 2013 (S.I. No. 171 of 2013)
  Central Bank Reform Act 2010 (Sections 20 and 22) (Amendment) Regulations 2011 (S.I. No. 615 of 2011)
  Central Bank Reform Act 2010 (Sections 20 and 22) Regulations 2011 (S.I. No. 437 of 2011)
S. 53(2) Central Bank Reform Act 2010 (Procedures Governing the Conduct of Investigations) Regulations 2012 (S.I. No. 56 of 2012)