European Financial Stability Facility and Euro Area Loan Facility (Amendment) Act 2011
Number 25 of 2011
EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT 2011
REVISED
Updated to 28 May 2019
This Revised Act is an administrative consolidation of the European Financial Stability Facility and Euro Area Loan Facility (Amendment) Act 2011. 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 Greyhound Racing Act 2019 (15/2019), enacted 28 May 2019, and all statutory instruments up to and including European Communities (Sheep Identification) (Amendment) Regulations 2019 (S.I. No. 243 of 2019), made 28 May 2019, 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 25 of 2011
EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT 2011
REVISED
Updated to 28 May 2019
ARRANGEMENT OF SECTIONS
Section
1. Amendment of European Financial Stability Facility Act 2010.
2. Amendment of Euro Area Loan Facility Act 2010.
Amendment to EFSF Framework Agreement
Amendment to Loan Facility Agreement of June 2011
Amendment to Loan Facility Agreement of February 2012
Amendment to Loan Facility Agreement of December 2012
Acts Referred to
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2010, No. 7 |
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2010, No. 16 |
Number 25 of 2011
EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT 2011
REVISED
Updated to 28 May 2019
AN ACT TO FURTHER FACILITATE, IN THE PUBLIC INTEREST, THE FINANCIAL STABILITY OF THE EUROPEAN UNION AND THE SAFEGUARDING OF THE FINANCIAL STABILITY OF THE EURO AREA AS A WHOLE AND FOR THOSE PURPOSES—
(A) HAVING REGARD TO THE PARTICIPATION BY THE STATE IN THE EUROPEAN FINANCIAL STABILITY FACILITY, TO ENABLE EFFECT TO BE GIVEN TO THE AMENDMENT TO THE EFSF FRAMEWORK AGREEMENT ENTERED INTO BY CERTAIN MEMBER STATES OF THE EUROPEAN UNION ON THE ONE PART AND THE EUROPEAN FINANCIAL STABILITY FACILITY ON THE OTHER PART,
(B) TO ENABLE EFFECT TO BE GIVEN, IN SO FAR AS IT RELATES TO THE STATE, TO THE AMENDMENT TO THE EUR 80 000 000 000 LOAN FACILITY AGREEMENT DONE IN BRUSSELS ON 14 JUNE 2011 AND IN ATHENS ON 10 JUNE 2011,
(C) TO AMEND THE EURO AREA LOAN FACILITY ACT 2010 AND THE EUROPEAN FINANCIAL STABILITY FACILITY ACT 2010, AND
(D) TO PROVIDE FOR RELATED MATTERS.
[23rd September, 2011]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: