Company Law Enforcement Act, 2001
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Amendment of section 23 of Act of 1990. |
32.—Section 23 of the Act of 1990 is amended— | |
(a) by the substitution of the following for subsection (2): | ||
“(2) The Director shall not, under section 19, require the production by a person carrying on the business of banking of a document relating to the affairs of a customer, or relating to the affairs of any other person, unless either it appears to the Director that it is necessary to do so for the purposes of investigating the affairs of the person carrying on the business of banking, or the customer or other person is a person on whom a requirement has been imposed by virtue of that section.”, | ||
and | ||
(b) by the insertion of the following after subsection (3): | ||
“(4) In this section, ‘customer’, in relation to a person carrying on the business of banking, includes a person who has in the past availed of one or more services of the person, as defined in section 149(12) of the Consumer Credit Act, 1995 .”. |