National Asset Management Agency Act 2009

210.

Guidelines regarding lending practices.

210.— (1) The Minister may issue guidelines—

( a) regarding lending practices and procedures to facilitate the availability of credit to classes of borrowers or potential borrowers including small and medium sized enterprises, and

( b) relating to the review of decisions of participating institutions to refuse credit facilities.

(2) The Minister shall cause a copy of guidelines issued under subsection (1) to be laid before each House of the Oireachtas as soon as practicable.

(3) A participating institution shall comply with any guidelines issued under subsection (1) .

Annotations:

Editorial Notes:

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Power pursuant to section exercised:

• (15.10.2013) by National Asset Management Agency Act 2009 (Section 210) Amending Guidelines 2013 (S.I. No. 374 of 2013), in effect as per art. 2.

• (9.07.2011) by National Asset Management Agency Act 2009 (Section 210) Amending Guidelines 2011 (S.I. No. 354 of 2011), in effect as per art. 2.

• (26.03.2010) by Guidelines Issued Under Section 210(1) of the National Asset Management Agency Act 2009 Regarding Lending Practices and Procedures and Relating to the Review of Decisions of Participating Institutions to Refuse Credit Facilities (S.I. No. 127 of 2010), as amended (9.07.2011) by National Asset Management Agency Act 2009 (Section 210) Amending Guidelines 2011 (S.I. No. 354 of 2011), art. 3, in effect as per art. 2.

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