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Select Committee on Finance and General Affairs díospóireacht -
Wednesday, 3 May 1995

SECTION 50.

I move amendment No. 60:

In page 52, paragraph (c), between lines 2 and 3, to insert the following:

"(k) made to an inspector appointed under section 57 of the Stock Exchange Act, 1995;

(1) made to any body which is a competent authority for the purpose of Council Directive 93/22/EEC of 10 May, 1993 1 or Council Directive 93/6/EEC of 15 March, 1993 1,';".

The Central Bank is bound, by the stringent non-disclosure provisions of the Central Bank Act, 1989. Paragraph (k) of the amendment will allow the Central Bank to give information to an inspector appointed by the High Court under section 57 of the Stock Exchange Act. Paragraph (l) of the amendment will allow the Central Bank to give information to another competent authority under the Investment Services and Capital Adequacy Directives, as required by the Investment Services Directive.

Amendment agreed to.
Section 50, as amended, agreed to.
Barr
Roinn