Seanad debates

Thursday, 27 June 2013

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

 

11:30 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

Amendment No. 14 in the name of Senator Barrett seeks to include computer records, tapes and other recordings in the definition of "record". Section 2 of the Central Bank Act 1942 defines "record" as follows:


'record' means any record of information, however compiled, recorded or stored, and includes--(a) any book, a register and any other document containing information, and
(b) any disc, tape or other article from which information is capable of being produced in any form capable of being reproduced visually or aurally
As the definition in the Central Bank 1942 applies throughout the Central Bank Acts, this definition applies in this Bill also. Therefore, the Senator's amendment is not required. In respect of Senator Michael D'Arcy's point, the Central Bank, as a matter of course, will be reviewing the records of this debate and I draw the Governor's attention to the views expressed by Senator Michael D'Arcy because it is within the bank's remit to take the kind of action he proposes.

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