Credit Guarantee Act 2012

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Number 26 of 2012

CREDIT GUARANTEE ACT 2012

ARRANGEMENT OF SECTIONS

Section

1. Interpretation.

2. Participating lender.

3. Qualifying enterprise.

4. Power of Minister to give guarantees.

5. Credit guarantee scheme.

6. Laying of scheme before both Houses of Oireachtas.

7. Agreement for performance of functions under credit guarantee scheme.

8. Payment of charge to Minister by participating borrower.

9. Withdrawal of guarantee by Minister.

10. Review of credit guarantee scheme.

11. Expenses.

12. Short title and commencement.

Acts Referred to

Number 26 of 2012

CREDIT GUARANTEE ACT 2012

AN ACT TO ENABLE THE MINISTER FOR JOBS, ENTERPRISE AND INNOVATION TO GIVE GUARANTEES TO LENDERS OF A CERTAIN CLASS IN RESPECT OF LOANS MADE BY SUCH LENDERS TO ENTERPRISES OF A CERTAIN CLASS; FOR THAT PURPOSE TO PROVIDE FOR THE MAKING OF A SCHEME OR SCHEMES BY THAT MINISTER OF THE GOVERNMENT IN RELATION TO THE GIVING OF SUCH GUARANTEES; AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH.

[18th July, 2012]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: