Oireachtas Joint and Select Committees

Wednesday, 24 April 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage

8:10 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I move amendment No. 89:


In page 35, before section 48, to insert the following new section:50.—Section 31A of the Central Bank Act 1997 is amended—
(a) by substituting “person proposing to carry on, or carrying on, regulated business” for “retail credit firm or home reversion firm”,
(b) in paragraph (a) by substituting “its memorandum and articles of association” for “the memorandum and articles of association of the firm”,
(c) in paragraphs (b) and (c) by substituting “the person or (where it is a firm) of each of” for “each of”,
(d) in paragraphs (d) and (e) by substituting "person” for "firm",
(e) in paragraph (f) by substituting "person’s" for "firm’s", and
(f) in paragraph (g)—
(i) by substituting "person’s" for "firm’s", and
(ii) by substituting "regulated business" for "authorised firms".".