(1) The Bank may make such regulations as it thinks necessary or appropriate for the purpose of giving full effect to the provisions of this Act.
(2) The Bank shall arrange for every regulation made under this section to be laid before each House of the Oireachtas as soon as practicable after it is made.
(3) Either House of the Oireachtas may, by resolution passed within 21 sitting days after the day on which a regulation was laid before it in accordance with subsection (2), annul the regulation.
(4) The annulment of such a regulation takes effect immediately on the passing of the resolution concerned, but does not affect anything that was done under the regulation before the passing of that resolution.