1. Irish Financial Services Law
  2. Legislation (IE)
  3. Acts
  4. 2012
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  1. Credit Union and Co-operation with Overseas Regulators Act 2012 (No. 40)
  2. Schedule 5 Amendments to Certain Statutory Instruments
  3. Schedule 5, Part 6 Amendments of European Communities (Credit Institutions) (Consolidated Supervision) Regulations 2009 (S.I. No. 475 of 2009)
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 19 December 2012 - onwards
    Version 1 of 1    

Schedule 5, Part 6 Amendments of European Communities (Credit Institutions) (Consolidated Supervision) Regulations 2009 (S.I. No. 475 of 2009)

Section 70.

Item

Provision affected

Amendment

(1)

(2)

(3)

1

Regulation 20

Substitute the following for Regulation 20:

"20. (1) Section 18 of the Central Bank Act 1971 (No. 24 of 1971) applies to and in relation to a credit institution that is subject to consolidated supervision by the Bank as if -

(a) references in that section to a holder of a licence under that Act were references to the credit institution, and

(b) references in that section to a related body of a holder of such a licence were references to an associated enterprise of the credit institution.

(2) Section 41A of the Building Societies Act 1989 (No. 17 of 1989) applies to and in relation to a building society that is subject to consolidated supervision by the Bank as if references in that section to a related body of a building society were references to an associated body of the building society.

(3) Section 25 of the Trustee Savings Bank Act 1989 (No. 21 of 1989) applies to and in relation

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