Robert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

I move amendment No. 8:

In page 40, between lines 14 and 15, to insert the following new section:

“Amendment of section 61G of Act of 1942

48. Section 61G(1) of the Act of 1942 is amended— (a) by the substitution of “a designated enactment, a designated statutory instrument

or the Finance (Provision of Access to Cash Infrastructure) Act 2025 (in so far as

that Act is not a designated enactment)” for “a designated enactment or

designated statutory instrument”, and

(b) by the substitution of the following paragraph for paragraph (b):

“(b) in the case of a body corporate—

(i) by leaving the notice or other document at, or

(ii) by sending it by prepaid post to,

the head office, a registered office or a principal office of the body corporate, or”.”.

This amendment concerns the serving of notices as part of the regulatory framework introduced in the Bill. Under the existing section 4 of the Bill, a notice, notification, direction or other document may be served on the recipient in person or in hard copy by delivery. It does not provide for the serving of notices by electronic means. This amendment is required to ensure that notices under the Bill may be served by electronic means to cash-in-transit providers and ATM operators who will fall under the regulatory framework introduced in the Bill.

The proposed amendment addresses this by amending section 61G of the Central Bank Act 1942 to specifically reference the Finance (Provision of Access to Cash Infrastructure) Bill once enacted. Naming this Bill in section 61G(1) of the Central Bank Act 1942 adds it to the list of designated enactments and designated statutory instruments to which section 61G of the Central Bank Act 1942 applies. This change will allow notice under this Bill to be served electronically. Service of notices electronically under the 1942 Act is allowed for under SI 177 of 2023. The inclusion of the Bill in section 61G removes the need for a specific section in the Bill on the giving of notices and hence section 4 of the Bill will be deleted.

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