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Central Bank and Financial Services Authority of Ireland Act 2004

Substitution of section 6B of Central Bank Act 1942.

4.—The Central Bank Act 1942 is amended by substituting the following section for section 6B (as inserted by section 7 of the Central Bank and Financial Services Authority of Ireland Act 2003 ):

“Offices of the Bank.

6B.—(1) For the purpose of enabling the Bank to perform its functions, the Board—

(a) may acquire and hold land, and

(b) may build, establish, equip and maintain offices and other premises,

in such places, whether in the State or elsewhere, as it considers appropriate.

(2) The Board may sell, lease or otherwise dispose of land held by the Bank whenever the Board considers that the land is no longer required for the purpose of enabling the Bank to perform its functions.

(3) In this section, ‘acquire’ includes acquire by purchase, lease or exchange.”.