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S.I. No. 280/2016 - Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) (Amendment) Regul

S.I. No. 280/2016 - Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) (Amendment) Regulations 2016. Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.

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  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 2016 S.I. No. 280/2016 - Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) (Amendment) Regulations 2016. S.I. No. 280/2016 - Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) (Amendment) Regulations 2016. AmendmentsLeasuithe Download PDF Íoslódáil PDF Notice of the making of this Statutory Instrument was published in “Iris Oifigiúil” of 31st May, 2016. In exercise of the powers conferred on the Central Bank of Ireland (the “Bank”) by section 48 of the Central Bank (Supervision and Enforcement) Act 2013 (No. 26 of 2013) (the “Act”), the Bank, having consulted, in accordance with section 49 of the Act, with the Minister for Finance, the Credit Union Advisory Committee and other persons that the Bank considers appropriate to consult in the circumstances and bodies that appear to the Bank to have expertise or knowledge of credit unions, hereby makes the following regulations: 1. These Regulations may be cited as the Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) (Amendment) Regulations 2016. 2. In these Regulations “Principal Regulations” means the Central Bank (Supervision and Enforcement) Act 2013 (Section 48) (Lending to Small and Medium-Sized Enterprises) Regulations 2015 ( S.I. No. 585 of 2015 ). 3. Regulation 2 of the Principal Regulations is amended— (
  4. a)by substituting for the definition of “micro and small enterprise” the following definition: “‘micro and small enterprise’ means an enterprise which employs fewer than 50 persons and which has either or both of the following: (
  5. a)an annual turnover which does not exceed €10 million; (
  6. b)an annual balance sheet total which does not exceed €10 million;”, and (
  7. b)by substituting for the definition of “micro, small and medium-sized enterprise” the following definition: “‘micro, small and medium-sized enterprise’ means an enterprise which employs fewer than 250 persons and which has either or both of the following: (
  8. a)an annual turnover not exceeding €50 million; (
  9. b)an annual balance sheet total not exceeding €43 million;”. 4. Regulation 29 of the Principal Regulations is amended by inserting after paragraph

(2)the following: “
(3)A regulated entity shall ensure that a warning statement required under Regulation 33
(3)of these Regulations is— (
  1. a)presented in a prominent manner, (
  2. b)in a box, (
  3. c)in bold type, and (
  4. d)of a font size that is at least equal to the predominant font size used throughout the document or advertisement.”. 5. Regulation 44
(3)of the Principal Regulations is amended by deleting “or if the decision to refuse the credit application is appealed under Regulation 42, for at least 12 months after the conclusion of the appeal”. Signed for and on behalf of the Central Bank of Ireland, 27 May 2016. CYRIL ROUX, Deputy Governor (Financial Regulation). Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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