S.I. No. 176/1989 - Central Bank Act, 1989 (Commencement) Order, 1989.

1. This Order may be cited as the

Central Bank Act, 1989

(Commencement) Order, 1989.

2. In this Order "the Act of 1989" means the

Central Bank Act, 1989

.

3. (1) Subject to paragraphs (2) and (3) of this Article, so much of the Act of 1989 as is not in operation by virtue of section 2 of that Act shall come into operation on the 12th day of July, 1989.

(2) Section 28 of the Act of 1989 shall come into operation on the 1st day of September, 1989.

(3) Sections 53 to 73 of the Act of 1989 shall come into operation on the 1st day of November, 1989.

GIVEN under the Official Seal of the Minister for Finance, this 12th day of

July, 1989.

EAMONN A. CLARKE,

A person authorised by the Minister for Finance to authenticate

the Official Seal of the Minister.

EXPLANATORY NOTE.

This Order brings into operation the

Central Bank Act, 1989

with immediate effect, except for sections 28 and 53 to 73 which will come into operation on 1 September and 1 November respectively.

S.I. No. 176 of 1989.

CENTRAL BANK ACT, 1989 (COMMENCEMENT) ORDER, 1989.

The Minister for Finance, in exercise of the powers conferred on him by

section 2

of the

Central Bank Act, 1989

, hereby orders as follows