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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2010 - onwards
Version 2 of 2

Schedule 1, Part 3 Amendments of Central Bank Act 1971

Section 14 (4).

Item

Provision affected

Amendment

1

Section 2(1), definition of "Bank"

Delete "and Financial Services Authority".

2

Section 2(1), definition of "Regulatory Authority"

Delete.

3

Section 17A(8), definition of "suitably qualified person"

Delete "or the Chief Executive", substitute "or the Head of Financial Regulation".

4

Section 33

Insert after subsection (2):

"(3) Notwithstanding the periods specified in subsection (1) of this section, the Minister may, in any particular case, following consultation with the Governor, reduce one or more of those periods where, and to the extent, the Minister considers it necessary for the purpose of financial stability.".