Financial Services (Deposit Guarantee Scheme) Act 2009

6.

Charges, etc., on deposit protection account.

F11[6. (1) Any charge purported to be created, other than by the Bank, on a deposit by a credit institution in the legacy fund is void.

(2) A deposit by a credit institution in the legacy fund shall not be subject to any form of execution in satisfaction of any claim, or any judgment, order or decree of any court in the State in favour of any creditor, otherwise than in accordance with the provisions of the Deposit Guarantee Regulations.]

Annotations

Amendments:

F11

Substituted (20.11.2015) by Finance (Miscellaneous Provisions) Act 2015 (37/2015), s. 11, commenced as per s. 1(3).