Irish Collective Asset-management Vehicles Act 2015

Application for approval of management company

22. (1) An application for approval of a management company shall be made in writing to the Bank in such manner and form as may be specified by the Bank and shall contain or be accompanied by such other information as the Bank may specify for the purpose of determining the application.

(2) At any time after receiving an application and before determining it the Bank may by notice in writing require the person who made the application to provide additional information to it.

(3) The Bank may specify that information provided to it in compliance with subsection (1) be certified or attested as to its authenticity or correctness in such manner as the Bank may specify, including by statutory declaration.

(4) A person commits a category 2 offence if—

(a) for the purposes of or in connection with any application under this section, or

(b) in purported compliance with any requirement imposed on the person by or under this section,

the person provides information that is false or misleading in a material particular, knowing it to be so false or misleading or being reckless as to whether it is so false or misleading.