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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2018 - onwards
  Version 3 of 3    

2. Amendment of section 2 of Central Bank Act 1942 (Interpretation).

Section 2 of the Central Bank Act 1942 (as substituted by section 3 of the Central Bank and Financial Services Authority of Ireland Act 2003) is amended -

(a) by inserting the following definition after the definition of "Appeals Tribunal" in subsection (1):

"'associated entity' in relation to a financial service provider, means -

(a) a holding company of the financial service provider, or

(b) a subsidiary company of the financial service provider, or

(c) a company that is a subsidiary of a body corporate, if the financial service provider is also a subsidiary of the body, but neither company is a subsidiary of the other, or

(d) if a financial service provider is a company, any other body corporate that is not a subsidiary of the company but in respect of which the company is beneficially entitled to more than 20 per cent of the nominal value of either -

(i) the allotted share capital, or

(ii) the shares carrying voting rights (other than voting rights which arise only in specified cir

Comparing proposed amendment...