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87. Amendment of Central Bank Act 1942
The Central Bank Act 1942 is amended -
(a) in section 2, by deleting the definition of "Agency",
(b) in section 5A, (amended by section 14 of the Central Bank Reform Act 2010) -
(i) by substituting "the Competition and Consumer Protection Commission" for "the Agency" in each place where it occurs,
(ii) by substituting the following subsection for subsection (5):
"(5) The functions of the Competition and Consumer Protection Commission referred to in subsection (4) are the following functions, namely, functions under -
(a) subsections (1), (5), (6) and (8) of section 10 of the Competition and Consumer Protection Act 2014 in relation to -
(i) sections 41 to 56 (other than section 50) of the Consumer Protection Act 2007, and
(ii) the European Communities (Unfair Terms in Consumer Contracts) Regulations 1995 and 2000,
(b) sections 34, 35 and 36 of the Competition and Consumer Protection Act 2014, and
(c) sections 71, 72, 73, 75, 81, 82, 84, 86, 88 and 90 of the Consumer Protection Act 2007.",