Oireachtas Joint and Select Committees

Wednesday, 30 November 2022

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I move amendment No. 18:

In page 45, to delete lines 5 to 9 and substitute the following:
“(7) A person who receives a copy of a final report or any submissions under subsection (5) shall not, subject to section 33AK, disclose the existence of or the content of the report or the submissions unless authorised to do so by the Bank in writing or required to do so by law.”.
Amendment No. 18 amends section 33(7), which refers to section 33 of the Act of 1942, which is the main provision dealing with the disclosure of confidential information. Amendment No. 19 provides that the obligation does not apply where information contained in the investigation report is disclosed to the person's legal representative. Amendments Nos. 20 and 21 are technical amendments to renumber the subsections and to allow the insertion of section 33ANI in the following amendment. Amendment No. 22 provides that a person must keep information received in the course of the investigation confidential where the Central Bank has advised that it is confidential unless authorised by the bank to disclose it or required to do so by law.

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