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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 March 2014 - onwards
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57. Authorisation by Minister for Finance of reorganisation of trustee savings banks into companies.

(1) In this section, unless the context otherwise requires -

"books" includes ledgers, day books, cash books, account books and other books and records (including electronic records) used in the ordinary business of a bank before the transfer date;

"bank" means a trustee savings bank;

"banking company"   means an authorised credit institution (within the meaning of the European Union (Capital Requirements) Regulations 2014 (S.I. No. 158 of 2014)) which is a holding company of the relevant company;

"Central Bank Acts" means Central Bank Acts, 1942 to 1998;

"company", "reorganisation" and "reorganised" shall be construed in accordance with subsection (3);

"order" means an order under subsection (2);

"relevant company" means the company into which a bank has been reorganised and, for the purposes of subsections (12), (13) and (14) only, includes the banking company into which the said company has been reorganised;

"relevant owner" means, in relation to a bank, that bank and any ot

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