Central Bank and Credit Institutions (Resolution) Act 2011

PART 9

Miscellaneous

95.

Effect of CIWUD Directive.

95.— An order made under this Act or requirement imposed under section 22 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.