17. Bank not bound by report nor liable for it.

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Central Bank (Supervision and Enforcement) Act 2013 (No. 26)
Part 2 Provision of Report to Bank (ss. 7-20)
17. Bank not bound by report nor liable for it.

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Version status: In force | Document consolidation status: Updated to reflect all known changes

Version date: 1 August 2013 - onwards

Version 2 of 2

(1) The Bank shall not be bound by the content of a report under this Part and such a report shall not be taken to be a decision or opinion of the Bank for any purpose.

(2) The adoption by a reviewee or any other person of a course of action recommended or described in a report under this Part does not represent an endorsement or approval of that course of action by the Bank.

(3) The Bank shall not be liable for any acts or omissions of a reviewer or reviewee relating to a report under this Part.

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