Central Bank and Credit Institutions (Resolution) Act 2011
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Minister to consult Bank in certain circumstances. |
16.— If the Minister proposes to make regulations under section 15 , he or she— | |
(a) shall consult with the Bank, in particular in relation to the matters set out in section 15 (3), | ||
(b) shall have regard to any advice of the Bank in relation to those matters, | ||
(c) shall consult with the Credit Union Advisory Committee (within the meaning of section 180 of the Credit Union Act 1997 ) where the proposed regulations relate to credit unions, and | ||
(d) may have regard to such other matters as he or she or the Bank considers appropriate. |