Finance (Provision of Access to Cash Infrastructure) Act 2025
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Amendment of Central Bank (Supervision and Enforcement) Act 2013 | ||
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51. The Central Bank (Supervision and Enforcement) Act 2013 is amended by the insertion of the following section after section 50: | ||
“Assessment of costs and benefits of regulations | ||
50A. (1) The Bank shall carry out an assessment of the costs and benefits of regulations it proposes to make under section 48 before making such regulations. | ||
(2) An assessment referred to in subsection (1) shall include an assessment of the potential impacts of the proposed regulations on customers and fair competition in the financial markets in the State. | ||
(3) The Bank shall, not later than the date of the making of any regulations under section 48, publish any assessment carried out under subsection (1) on a website maintained by it or on its behalf.”. |