Irish Bank Resolution Corporation Act 2013

21.

Amendment of Land and Conveyancing Law Reform Act 2009.

21.— The Land and Conveyancing Law Reform Act 2009 is amended in section 74—

( a) in subsection (1), by substituting “subject to subsections (2), (5) and (6)” for “subject to subsections (2) and (5)”;

( b) in subsection (3), by substituting “subject to subsections (4), (5) and (6)” for “subject to subsections (4) and (5)”, and

( c) by inserting the following subsection:

“(6) The disposal of any property, or interest in property, of IBRC (within the meaning of the Irish Bank Resolution Corporation Act 2013), and whether effected before or after the passing of the Irish Bank Resolution Corporation Act 2013, does not amount to a voluntary disposition or a conveyance of property.”.