Central Bank (Supervision and Enforcement) Act 2013
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Amendment of section 27 of Central Bank Act 1997. |
79.— Section 27 of the Central Bank Act 1997 is amended by inserting the following after subsection (5): | |
“(6) (a) Subsection (1) does not apply if the regulated financial service provider concerned has a reasonable excuse. | ||
(b) It is a reasonable excuse for the purposes of paragraph (a) for a regulated financial service provider to fail to comply with a requirement under section 25 or 26 that such compliance might tend to incriminate the regulated financial service provider. | ||
(c) Paragraph (b) does not limit what is a reasonable excuse for the purposes of paragraph (a).”. |