Central Bank and Credit Institutions (Resolution) Act 2011

79.

Liquidators of authorised credit institutions.

79.— (1) Only a liquidator approved by the Bank may be appointed to F25 [ a designated credit institution ].

(2) A liquidator appointed by the Court to F25 [ a designated credit institution ] shall notify the Bank, immediately after his or her appointment, that a compensation event F26 [ (within the meaning of section 1 of the Act of 2009) ] has taken place.