Credit Institutions (Financial Support) Act 2008
Number 18 of 2008
CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008
REVISED
Updated to 21 May 2020
This Revised Act is an administrative consolidation of the Credit Institutions (Financial Support) Act 2008. It is prepared by the Law Reform Commission in accordance with its function under the 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 the Emergency Measures in the Public Interest (Covid-19) Act 2020 (2/2020), enacted 27 March 2020, and all statutory instruments up to and including the Bovine Viral Diarrhoea (Amendment) Regulations 2020 (S.I. No. 182 of 2020), made 21 May 2020, were considered in the preparation of this revision.
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 18 of 2008
CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008
REVISED
Updated to 21 May 2020
ARRANGEMENT OF SECTIONS
Section
2. Functions performed in the public interest.
5. Regulations — general implementation of this Act.
6. Provision of financial support for credit institutions.
7. Modification of application, etc., of certain provisions of Competition Act 2002.
Acts referred to
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1942, No. 22 |
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1997, No. 8 |
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Central Bank and Financial Services Authority of Ireland Act 2003 |
2003, No. 12 |
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1963, No. 33 |
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Companies Acts |
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2002, No. 14 |
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1970, No. 14 |
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1993, No. 13 |
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2002, No. 29 |
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1990, No. 18 |
Number 18 of 2008
CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008
REVISED
Updated to 21 May 2020
AN ACT TO PROVIDE, IN THE PUBLIC INTEREST, FOR MAINTAINING THE STABILITY OF THE FINANCIAL SYSTEM IN THE STATE AND FOR THAT PURPOSE TO PROVIDE FOR FINANCIAL SUPPORT BY THE MINISTER FOR FINANCE IN RESPECT OF CERTAIN CREDIT INSTITUTIONS, TO AMEND THE COMPETITION ACT 2002 AND OTHER ENACTMENTS, AND TO PROVIDE FOR CONNECTED MATTERS.
[2nd October, 2008]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:
Annotations
Editorial Notes:
E1
Power granted to Minister for Finance to make proposed subordinated liabilities order in relation to subordinated liabilities of relevant institutions to which the Minister has provided or intends to provide financial support under Act and matters to be regarded by Minister in considering whether to make such an order prescribed (21.12.2010) by Credit Institutions (Stabilisation) Act 2010 (36/2010), s. 28, S.I. No. 623 of 2010.