S.I. No. 590/2010 - Commission of Investigation (Banking Sector) (Amendment) Order 2010.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 10th December, 2010.

WHEREAS a Commission of Investigation was established by the Commission of Investigation (Banking Sector) Order 2010 ( S.I. No. 454 of 2010 );

AND WHEREAS the Government have agreed to amend the terms of reference of the Commission of Investigation established by that Order to extend the scope of its investigation;

AND WHEREAS the Commission of Investigation established by that Order has consented to that amendment of its terms of reference;

AND WHEREAS a draft of the following Order has been laid before each House of the Oireachtas, and a resolution approving that draft has been passed by each such House;

NOW, the Government, in exercise of the powers conferred on them by sections 4(2) and 6 of the Commissions of Investigation Act 2004 (No. 23 of 2004), hereby order as follows:

Citation.

1. This Order may be cited as the Commission of Investigation (Banking Sector) (Amendment) Order 2010.

Amendment of Commission of Investigation (Banking Sector) Order 2010.

2. Article 3(1)(d) of the Commission of Investigation (Banking Sector) Order 2010 ( S.I. No. 454 of 2010 ) is amended by substituting “15 January 2009,” for “28 September 2008,”.

GIVEN under the Official Seal of the Government,

7 December 2010.

BRIAN COWEN,

Taoiseach.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order amends the Commission of Investigation (Banking Sector) Order 2010 ( S.I. No. 454 of 2010 ) by substituting 15 January 2009 for 28 September 2008 as the applicable end-date in the terms of reference for the Commission of Investigation’s examination of the regulatory system and of the Department of Finance.