Notice of the making of this Statutory Instrument was published in

"Iris Oifigiúil" of 21st August, 2012.

In exercise of the powers conferred on the Central Bank of Ireland by section 2 (1) of the Consumer Credit Act 1995 , the Central Bank of Ireland hereby makes the following Regulations:

1. These Regulations may be cited as the Consumer Credit Act 1995 (Section 2) (No. 1) Regulations 2012

2. Regulation 2 of the Consumer Credit Act 1995 (Section 2) (No.2) Regulations 1996 ( S.I. No 369 of 1996 ) is hereby amended by the deletion of the following:

Lease Services Limited

Credit Service Ireland Limited, trading as Lake Leasing

Merrion Leasing Limited

Lansdowne Leasing Limited

Bank of Ireland Car Loans Limited

ICC Finance Limited

Eurofinance Limited

Smurfit Leasing Limited

New Holland Finance (Ireland) Limited

WoodchesterLeaseline Limited

Romoss Investments Limited

Woodchester Leasing Limited

Kynac Limited

Hamilton Leasing (Ireland) Limited

Smurfit Finance Limited

Thistle Finance Limited

3. The Consumer Credit Act 1995 (Section 2) Regulations 1996 ( SI No 127 of 1996 ) is hereby amended by the deletion of Regulation 2.

4. The words "Fiat Auto Financial Services Ireland" are hereby deleted from Regulation 2 of Consumer Credit Act 1995 (Section 2) Regulations 1999 ( SI No 15 of 1999 ).

5. The following Statutory Instruments are hereby repealed:

Consumer Credit Act 1995 (Section 2) Regulations 2001 ( SI No 432 of 2001 );

Consumer Credit Act 1995 (Section 2) (No. 1) Regulations 2005 ( SI No 371 of 2005 )

Consumer Credit Act 1995 (Section 2) (No.3) Regulations 2007 (SI 139 of 2007)

Consumer Credit Act 1995 (Section 2) (No.4) Regulations 2007 (SI 690 of 2007); and

Consumer Credit Act 1995 (Section 2) (No. 4) Regulations 2007 ( SI No 751 of 2007 )

Signed for and on behalf of the CENTRAL BANK OF IRELAND

15 August 2012.

MATTHEW ELDERFIELD,

Deputy Governor.

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 revoke the prescription of certain entities prescribed pursuant to paragraph (e) of the definition of "credit institution" in the Consumer Credit Act, 1995 .