Credit Institutions (Stabilisation) Act 2010

69

Cessation of effect of Act.

69.— (1) This Act (other than sections 51 and 67) ceases to have effect on 31 December 2012 or a later date substituted by resolution of both Houses of the Oireachtas.

(2) Notwithstanding the cessation in effect of this Act, any order or requirement made under it continues to have effect according to its terms.

(3) Notwithstanding the cessation in effect of this Act in accordance with subsection (1), the provisions of this Act shall be taken to continue in effect to any extent necessary—

(a) to enforce any order or requirement continued in effect by subsection (2), and

(b) to vary, terminate or revoke any such order or requirement.

Annotations

Editorial Notes:

E11

Date in subs. (1) changed to 31 December 2014 by resolutions of Dáil Eireann of 14 December 2012 and Seanad Éireann of 18 December 2012.