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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 15 July 2006 - onwards
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Regulation 50 Rights of appeal against certain Bank decisions made under these Regulations

The following decisions of the Bank are appealable decisions for the purposes of Part VIIA of the Central Bank Act 1942:

(a) a decision of the Bank refusing an application for a reinsurance authorisation or a SPRV authorisation;

(b) the failure of the Bank to make a decision with respect to such an application within 6 months after the application was made;

(c) a decision of the Bank under Regulation 15 or 17 cancelling a reinsurance authorisation or a decision of the Bank under Regulation 16 cancelling a reinsurance authorisation as to a particular kind of reinsurance business;

(d) a decision of the Bank under Regulation 36 cancelling a SPRV authorisation;

(e) a decision of the Bank under Regulation 12 imposing a condition on a reinsurance undertaking or varying such a condition;

(f) a decision of the Bank under Regulation 33 imposing a condition on a SPRV or varying such a condition;

(g) a direction given under Regulation 58 or 60;

(h) a requirement imposed under Regulation 59.

Comparing proposed amendment...