S.I. No. 256/2011 - Credit Institutions (Financial Support) (Financial Support Date) Order 2011.

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Notice of the making of this Statutory Instrument was published in
“Iris Oifigiúil” of 3rd June, 2011.
I, MICHAEL NOONAN, Minister for Finance, in exercise of the powers conferred on me by section 6 (3)(b) of the Credit Institutions (Financial Support) Act 2008 (No.18 of 2008), having regard to the matters set out in section 2 of that Act, having consulted in accordance with section 6(3A)(a) of that Act and being satisfied as required by paragraphs (a) and (b) of section 6(3A) of that Act, hereby order as follows:
1. This Order may be cited as the Credit Institutions (Financial Support) (Financial Support Date) Order 2011.
2. For the purposes of section 6 (3) of the Credit Institutions (Financial Support) Act 2008 (No. 18 of 2008), financial support may be provided to 31 December 2016.
GIVEN under my Official Seal,
1 June 2011.
MICHAEL NOONAN,
Minister for Finance.
EXPLANATORY NOTE
(This note is not part of the Instrument and does not purport to be a legal interpretation.)
This order is made under Section 6 (3) of the Credit Institutions (Financial Support) Act 2008 which provides that the Minister for Finance may specify an end date for the provision of financial support in respect of borrowings, liabilities and obligations of a credit institution. The Minister sets out an end date of 31 December 2016 for the provision of financial support.

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