BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?
No donation is too small. If every visitor before 31 December gives just £1, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!
 |
[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback] | |
Irish Statutory Instruments |
||
|
You are here: BAILII >> Databases >> Irish Statutory Instruments >> European Union (Central Securities Depositories) (CSD Nominee) (Amendment) Regulations S.I. No. 119/2021 URL: http://www.bailii.org/ie/legis/num_reg/2021/0119.html |
||
[New search] [Help]
Notice of the making of this Statutory Instrument was published in | ||
“Iris Oifigiúil” of 19th March, 2021. | ||
I, LEO VARADKAR, Minister for Enterprise, Trade and Employment, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972) and for the purpose of giving further effect to Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 20141 , hereby make the following regulations: | ||
1. (1) These Regulations may be cited as the European Union (Central Securities Depositories) (CSD Nominee) (Amendment) Regulations 2021. | ||
(2) These Regulations shall be deemed to have come into operation on the 12th day of March 2021. | ||
2. (1) In these Regulations - | ||
“Act of 2014” means the Companies Act 2014 (No. 38 of 2014); | ||
“central securities depository” means a central securities depository within the meaning of the CSD Regulation that is authorised to perform services in the State; | ||
“CSD Regulation” means Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 20141 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012; | ||
“CSD nominee” means such body or bodies corporate as from time to time may be nominated by a central securities depository to hold securities represented in the depository’s securities settlement system. | ||
(2) A word or expression which is used in these Regulations and is also used in the CSD Regulation has, unless the context otherwise requires, the same meaning in these Regulations as it has in the CSD Regulation. | ||
3. For the purposes of Chapter 7A of Part 17 of the Act of 2014, “relevant securities” shall include securities registered in the name of a CSD nominee. | ||
4. The European Union (Central Securities Depositories) (CSD Nominee) Regulations 2021 ( S.I. No. 110 of 2021 ) are hereby revoked. | ||
| ||
GIVEN under my Official Seal, | ||
16 March, 2021. | ||
LEO VARADKAR, | ||
Minister for Enterprise, Trade and Employment. | ||
