I move amendment No. 23:
In page 17, subsection (3), line 26, after "section" to insert ", he shall inform the Bank of his decision and shall publish notice of his decision in the Iris Oifigiúil within 28 days of such decision being communicated to the Bank and”.
The Bill provides that if the Central Bank refuses to approve a proposed stock exchange or to agree to changes to the memorandum or the articles of association or the rules proposed by the approved stock exchange, then the stock exchange in question may appeal to the Minister for Finance. The Minister for Finance, with the consent of the Minister for Enterprise and Employment, can uphold an appeal and can overturn the Central Bank's decision. If he does so, however, he should have to publish his decision. If the appeal is upheld he should then have to publish the decision. The provision here will oblige him to publish it in Iris Oifigiúil.
