Development Banks Act 2005


Number 34 of 2005


DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January 2023


This Revised Act is an administrative consolidation of Development Banks Act 2005. It is prepared by the Law Reform Commission in accordance with its function under Law Reform Commission Act 1975 (3/1975) to keep the law under review and to undertake revision and consolidation of statute law.

All Acts up to and including Local Government (Maternity Protection and Other Measures for Members of Local Authorities) Act 2022 (52/2022), enacted 21 December 2022, and all statutory instruments up to and including Planning And Development And Foreshore (Amendment) Act 2022 (Commencement) Order 2023 (S.I. No. 1 of 2023), made 9 January 2023, were considered in the preparation of this Revised Act.

Disclaimer: While every care has been taken in the preparation of this Revised Act, the Law Reform Commission can assume no responsibility for and give no guarantees, undertakings or warranties concerning the accuracy, completeness or up to date nature of the information provided and does not accept any liability whatsoever arising from any errors or omissions. Please notify any errors, omissions and comments by email to

revisedacts@lawreform.ie.


Number 34 of 2005


DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January 2023


Introduction

This Revised Act presents the text of the Act as it has been amended since enactment, and preserves the format in which it was passed.

Related legislation

This Act is not collectively cited with ant other Act.

Annotations

This Revised Act is annotated and includes textual and non-textual amendments, statutory instruments made pursuant to the Act and previous affecting provisions.

An explanation of how to read annotations is available at

www.lawreform.ie/annotations.

Material not updated in this revision

Where other legislation is amended by this Act, those amendments may have been superseded by other amendments in other legislation, or the amended legislation may have been repealed or revoked. This information is not represented in this revision but will be reflected in a revision of the amended legislation if one is available.

Where legislation or a fragment of legislation is referred to in annotations, changes to this legislation or fragment may not be reflected in this revision but will be reflected in a revision of the legislation referred to if one is available.

A list of legislative changes to any Act, and to statutory instruments from 1972, may be found linked from the page of the Act or statutory instrument at

www.irishstatutebook.ie.

Acts which affect or previously affected this revision

Central Bank Reform Act 2010 (23/2010)

All Acts up to and including Local Government (Maternity Protection and Other Measures for Members of Local Authorities) Act 2022 (52/2022), enacted 21 December 2022, were considered in the preparation of this revision.

Statutory instruments which affect or previously affected this revision

None.

All statutory instruments up to and including Planning And Development And Foreshore (Amendment) Act 2022 (Commencement) Order 2023 (S.I. No. 1 of 2023), made 9 January 2023, were considered in the preparation of this revision.


Number 34 of 2005


DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January 2023


ARRANGEMENTS OF SECTIONS

Acts Referred to

Bretton Woods Agreements Act 1957

1957, No. 18

Council of Europe Development Bank Act 2004

2004, No. 37

European Bank for Reconstruction and Development Act 1991

1991, No. 1

International Development Association Act 1960

1960, No. 35

Multilateral Investment Guarantee Agency Act 1988

1988, No. 32


Number 34 of 2005


DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January 2023


AN ACT TO PROVIDE FOR APPROVAL OF THE TERMS OF THE AGREEMENT ESTABLISHING THE ASIAN DEVELOPMENT BANK, TO PROVIDE FOR MATTERS (INCLUDING PAYMENTS) RELATED TO THAT AGREEMENT, TO AMEND THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT ACT 1991, THE BRETTON WOODS AGREEMENTS ACT 1957, THE INTERNATIONAL DEVELOPMENT ASSOCIATION ACT 1960, THE MULTILATERAL INVESTMENT GUARANTEE AGENCY ACT 1988 AND THE COUNCIL OF EUROPE DEVELOPMENT BANK ACT 2004.

[21st December, 2005]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: