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Version date: 1 January 2018 - onwards
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22. Insertion into Central Bank Act 1942 of new Schedules 6 and 7.

The Central Bank Act 1942 is amended by inserting the following Schedules after Schedule 5 (as inserted by section 33 of the Central Bank and Financial Services Authority of Ireland Act 2003):

"Schedule 6  Financial Services and Pensions Ombudsman Council

Section 57BC.

1. Secretary to the Council.

The Chairperson shall, with the agreement of the Financial Services and Pensions Ombudsman, designate a member of the Bureau staff to be Secretary to the Council.

2. Provision of services to the Council.

Whenever the Chairperson requests, the Financial Services and Pensions Ombudsman shall, so far as it is possible to do so, arrange for the Council to be provided with such administrative services (including technical and legal advice) as the Council requires to enable it to perform its functions.

3. Members of Council entitled to certain fees and allowances.

Members of the Council are entitled to be paid such fees and travelling and subsistence allowances as the Minister approves. Those fees

Comparing proposed amendment...