S.I. No. 385/2005 - Investor Compensation Act 1998 (Section 18(4)) (Prescription of Bodies and Individuals) (Amendment) Regulations 2005

1. These Regulations may be cited as the

Investor Compensation Act 1998

(Section 18(4)) (Prescription of Bodies and Individuals) (Amendment) Regulations 2005.

2. For the purposes of section 18(4) of the

Investor Compensation Act 1998

(No. 37 of 1998 (as amended by the

Central Bank and Financial Services Authority of Ireland Act 2003

(No. 12 of 2003)), the following bodies and individuals are prescribed as bodies and individuals that appear to the Minister to represent the interests of clients of investment firms

(a) The Consumers Association of Ireland;

(b) The Office of the Director of Consumer Affairs;

(c) Ms Gina Quin, Dublin Chamber of Commerce, 7 Clare Street, Dublin 2;

(d) Mr Mark Redmond, Irish Taxation Institute, 19 Sandymount Avenue Dublin 4;

(e) Ms Inge Clissmann, P.O. Box 4460, Law Library Building 158/9 Church Street, Dublin 7.

GIVEN under my Official Seal,

21

st

July 2005

BRIAN COWEN

Minister for Finance.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation).

The purpose of these Regulations is to provide for the nomination of two persons for appointment as directors of the Investor Compensation Company Ltd.

S.I. No. 385 of 2005

Investor Compensation Act 1998 (Section 18(4)) (Prescription of Bodies and Individuals) (Amendment) Regulations 2005

I, Brian Cowen, Minister for Finance, in exercise of the powers conferred on me by section 18(4) of the

Investor Compensation Act 1998

(No. 37 of 1998) (as amended by the

Central Bank and Financial Services Authority of Ireland Act 2003

(No. 12 of 2003)), hereby make the following regulations