Credit Institutions (Stabilisation) Act 2010

27

Termination of special management.

27.— (1) The special management of a relevant institution terminates—

(a) at the end of the period of 6 months referred to in section 17(1),

(b) on the making of an order for the winding up of the relevant institution,

(c) on the making of an order under the Companies (Amendment) Act 1990 appointing an examiner to the relevant institution, or

(d) if the Minister so orders.

(2) The Minister shall lay a copy of an order under subsection (1)(d) before each House of the Oireachtas.