Schedule 2, Part 4 Amendments of Central Bank Reform Act 2010

1

Section 3

Substitute the following for the definition of "authorised officer":

"'authorised officer' means an authorised officer appointed under Part 3 of the Central Bank (Supervision and Enforcement) Act 2013;".

2

Section 23

(a) Substitute the following for subsection (1):

"(1) A regulated financial service provider shall not appoint a person to perform a pre-approval controlled function unless the Bank has approved in writing the appointment of the person to perform the function.".

(b) In subsection (6)(b) substitute "(a) to (h)" for "(a) to (g)".

3

Section 25(3)

Insert the following after paragraph (c):

"(ca) the person, being a person who has been appointed to perform a pre-approval controlled function, has failed to make a disclosure to the Bank under section 38(2) of the Central Bank (Supervision and Enforcement) Act 2013 or has made such a disclosure knowing it to be fals