Credit Institutions (Stabilisation) Act 2010


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.




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.