26 of 2014 banking (amendment) regulations 2014

TURKS AND CAICOS ISLANDS BANKING (AMENDMENT) REGULATIONS 2014 (Legal Notice 26 of 2014)

ARRANGEMENT OF REGULATIONS REGULATION

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Citation and commencement Interpretation Regulation 10 amended

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TURKS AND CAICOS ISLANDS BANKING (AMENDMENT) REGULATIONS 2014 (Legal Notice 26 of 2014) MADE by the Governor under section 38 of the Banking Ordinance.

Citation and commencement 1. These Regulations may be cited as the Banking (Amendment) Regulations 2014 and comes into operation on 15 July 2014.

Interpretation 2. In these Regulations “principal Regulations” means the Banking Regulations.

Regulation 10 amended 3. Regulation 10 of the principal Regulations is amended by deleting the words “the Governor” wherever they occur and substituting “the Commission”.

MADE this 3rd day of July 2014.

PETER BECKINGHAM GOVERNOR

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EXPLANATORY NOTE (This Note is not part of the Regulations) These Regulations amend regulation 10 of the Banking Regulations by deleting the words “the Governor” and substituting “the Commission”. This is in keeping with changes made to the Financial Services Commission Ordinance and other financial services regulatory Ordinances in relation to decisions regarding regulatory matters.

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