Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source

I move amendment No. 1:

In page 5, line 16, after "1942;" to insert "AND THE CENTRAL BANK (SUPERVISION AND ENFORCEMENT) ACT 2013;".

Amendment No. 10 provides for the insertion of a new section into the Bill, which is section 35. The reasoning behind this provision is to correct a drafting error in the Central Bank (Supervision and Enforcement) Act 2013. Sections 5(2) and 5(3) of the Central Bank (Supervision and Enforcement) Act 2013 both erroneously referred to Parts 1 to 3 of Schedule 3 and Schedule 4, respectively. The insertion of this new provision will have the effect of rectifying the error by inserting the correct reference in each case to Parts 1 and 4. Should this amendment be accepted, it will result in a consequential technical amendment being required to make reference in the Long Title of the Bill to the Central Bank (Supervision and Enforcement) Act 2013.

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