Central Bank (Supervision and Enforcement) Act 2013
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Amendment of section 3 of Companies (Amendment) Act 1990. |
87.— Section 3 of the Companies (Amendment) Act 1990 is amended— | |
(a) in subsection (2)— | ||
(i) in paragraph (a) by substituting “only by the Central Bank or by the company acting with the prior consent of the Central Bank,” for “only by the Minister”, | ||
(ii) in paragraph (b) by inserting “or by the company with the prior consent in writing of the Central Bank” after “the Central Bank”, and | ||
(iii) by deleting paragraph (c)(ii), | ||
and | ||
(b) by inserting the following after subsection (2): | ||
“(2A) Where a petition is presented under subsection (2) otherwise than by the Central Bank— | ||
(a) the petitioner— | ||
(i) subject to subsection (2B), shall, before he or she presents the petition at the office of the court, cause to be received by the Central Bank a notice in writing of his or her intention to present the petition, and | ||
(ii) shall serve a copy of the petition on the Central Bank as soon as may be after the presentation of it at the office of the court, | ||
and | ||
(b) the Central Bank shall be entitled to appear and be heard at any hearing relating to the petition. | ||
(2B) A notice under subsection (2A)(a)(i) shall not be required if the petitioner is the company.”. |