Central Bank Act, 1998

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Furnishing of information to Bank.

8.—The Act of 1971 is hereby amended by the substitution of the following subsection for subsection (1) of section 18 (as substituted by section 37 of the Act of 1989):

“(1) A holder of a licence, any reporting agent designated by the European Central Bank (in this section referred to as a ‘reporting agent’) and any person carrying on a business—

(a) of an associated enterprise to which subsection (3) of this section relates,

(b) in respect of which that person is, by virtue of section 7 (4) (a) (ii) of this Act, exempted from the obligation to hold a licence,

(c) as an investment trust company,

(d) as a moneybroker,

(e) as a financial intermediary, or

(f) of issuing, holding or otherwise participating in any market in financial instruments including those to which Chapter VIII of the Central Bank Act, 1989 , applies,

shall each furnish the Bank—

(i) at such times as the Bank or, in the case of a reporting agent, the Bank or the European Central Bank, may specify from time to time, such information and returns concerning the business to which the licence relates or the activities of a reporting agent or the carrying on of a business as aforesaid by such person, as the case may be, as the Bank or, in the case of a reporting agent, the Bank or the European Central Bank, may specify from time to time, being information and returns which the Bank considers it necessary to have for the due performance of the functions of the Bank imposed on it by law or, in the case of a reporting agent, the Bank or the European Central Bank, and

(ii) within such period as the Bank or, in the case of a reporting agent, the Bank or the European Central Bank, may specify, any information and returns (not being information or returns specified under subparagraph (i) of this subsection) concerning the business to which the licence relates or the activities of a reporting agent or the carrying on of a business as aforesaid by such person, as the case may be, that the Bank or, in the case of a reporting agent, the Bank or the European Central Bank, may request in writing, being information and returns which the Bank considers it necessary to have for the due performance of the functions of the Bank imposed on it by law or, in the case of a reporting agent, the Bank or the European Central Bank.”.