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  1. Investment Intermediaries Act, 1995 (No. 11)
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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Published date: 4 July 1995

Investment Intermediaries Act, 1995 (No. 11)

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Introductory Text
Acts Referred to
Part I Preliminary and General (ss. 1-7)
In force
 1. Short title and commencement.
In force
 2. Interpretation.
In force
 3. Service of notices.
In force
 4. Supervisory authority.
In force
 5. Amendment of definitions.
In force
 6. Expenses.
In force
 7. Laying of regulations before Houses of the Oireachtas.
Part II Authorisation (ss. 8-19)
In force
 8. Competent authority.
In force
⚠ 9. Prohibition on acting as an authorised investment business firm.
In force
 10. Grant of authorisation.
In force
 11. Requests from Commission.
Repealed
 12. Establishment of branches outside the State.
In force
 13. Existing investment business firms.
Deleted
 13A. Existing insurance intermediaries.
In force
 14. Imposition of conditions or requirements on authorised investment business firms.
In force
 15. Refusal to consent to amendment of memorandum and articles of association.
In force
 16. Supervisory authority may revoke authorisation in certain circumstances.
In force
 17. Register of investment business firms.
In force
 18. Asset and liability ratios and structures of authorised investment business firms.
In force
 19. Maintenance of books and records by investment business firms.
Part III Regulation and Supervision of Investment Business Firms (ss. 20-24)
In force
 20. General functions of supervisory authorities.
In force
 21. Directions by supervisory authority.
In force
 22. Winding-up on application to Court.
In force
 23. Restrictions on advertising.
In force
 24. Exemption from restrictions on advertising.
Part IV Investment Product Intermediaries (ss. 25-31A)
In force
 25. Definition of investment product intermediary.
Deleted
 25A. Acting as insurance intermediary.
Deleted
 25B. Acting as insurance broker.
Deleted
 25C. Acting as insurance agent.
Deleted
 25D. Acting as tied insurance agent.
Deleted
 25E. Provisions regarding scope of agency.
Deleted
 25F. Acceptance by insurance intermediary of insurance proposals.
Deleted
 25G. Treatment of premiums paid to insurance intermediaries.
In force
 25H. Register of tied agents.
In force
 25I. Appointment of tied agents - provisions governing such appointments and consequential matters
In force
 26. Definition of restricted activity investment product intermediaries.
In force
 27. Requirements for investment product intermediaries.
In force
 28. Obligations on product producers.
In force
 29. Disclosure obligations of restricted activity investment product intermediaries.
In force
 30. Issue of receipts.
In force
 31. Register of investment product intermediaries.
Deleted
 31A. Scope of Part IV.
Part V Auditors (ss. 32-35)
In force
 32. Notification of changes of auditor.
In force
 33. Auditors for investment business firms which are not incorporated bodies and duties of auditors.
In force
 34. False statements to auditors.
In force
 35. Power to require a second audit.
Part VI Probity, Codes of Conduct and Miscellaneous Provisions (ss. 36-54)
In force
 36. Probity and competence of employed persons.
In force
 37. Code of conduct.
In force
 38. Acquiring transactions.
In force
 39. Notification of certain transactions.
In force
 40. Approval of acquiring transactions.
In force
 41. Period for implementing acquiring transactions.
In force
 42. Imposition of conditions or requirements in respect of proposed acquiring transactions.
In force
 43. Limitation on validity of certain acquiring transactions.
In force
 44. Refusal to approve acquiring transactions.
In force
 45. Appeals to Irish Financial Services Appeals Tribunal.
In force
 46. Inquiries into certain acquiring transactions.
In force
 47. Obligation to inform a supervisory authority of shareholdings.
In force
 48. Contravention of terms of approval of acquiring transactions.
In force
 49. Amendment of section 16 of Central Bank Act, 1989.
Repealed
 50. Investor compensation.
Partially repealed
 51. Bonding.
In force
 52. Client money and investment instruments.
In force
 53. Exemption from liability for damages.
In force
 54. Personal liability of officers.
Part VII Approved Professional Bodies (ss. 55-63)
In force
 55. Interpretation (Part VII).
In force
 56. Grant of approval to operate as an approved professional body.
In force
 57. Interim approval.
In force
 58. Imposition of conditions or requirements on approved professional bodies.
In force
 59. Refusal to consent to amendment of rules, etc.
In force
 60. Appeals on refusal to grant approval, etc.
In force
 61. Bank may revoke approval of professional body.
In force
 62. Maintenance of books and records.
In force
 63. Authorisation of certified persons.
Part VIII Enforcement, Offences and Penalties (ss. 64-79)
Repealed
 64. Appointment of authorised officers.
Repealed
 65. Powers of authorised officers.
In force
 66. Appointment of inspector by Court.
In force
 67. Power of inspector to extend investigation.
In force
 68. Direction to inspector by Court.
In force
 69. Powers of inspection.
In force
 70. Expenses of and fees relating to an investigation.
In force
 71. Inspectors' reports and proceedings thereon.
In force
 72. Powers of Court following consideration of reports.
In force
 73. Appointment of inspector by a supervisory authority.
Repealed
 74. Power to make determinations for breaches of conditions or requirements.
In force
 75. Search and seizure.
In force
 76. Admissibility in evidence of reports of inspectors.
In force
 77. Privilege.
In force
 78. Consent to publication of information.
In force
 79. Offences and penalties.
Part IX Amendment of Companies Act, 1990 (s. 80)
In force
 80. Amendment of Companies Act, 1990.
Partly in force
 First Schedule Supplementary Provisions in Relation to a Direction by Supervisory Authority under Section 21 of this Act
Repealed
 Second Schedule Supplementary Provision in Relation to a Committee appointed under Section 74 of this Act
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