Credit Institutions (Stabilisation) Act 2010

52.

Effect of CIWUD Directive.

52.— Any order made under this Act F56 [ or requirement imposed under section 50 ] that is declared to have been made with the intention of preserving or restoring the financial position of a credit institution is intended to have effect in accordance with the CIWUD Directive and any law giving effect to it.

Annotations:

Amendments:

F56

Inserted (28.10.2011) by Central Bank and Credit Institutions (Resolution) Act 2011 (27/2011), s. 110(5) and sch. 2 part 5 item 54, S.I. No. 548 of 2011.