Asset Covered Securities Acts 2001 and 2007
Central Bank Act 1942	1942, No. 22
Central Bank and Credit Institutions (Resolution) Act 2011	2011, No. 27
Companies (Auditing and Accounting) Act 2003	2003, No. 44
Companies Act 1963	1963, No. 33
Companies Act 1990	1990, No. 33
Companies Acts
Finance Act 1970	1970, No. 14
Land and Conveyancing Law Reform Act 2009	2009, No. 27
National Asset Management Agency Act 2009	2009, No. 34
National Treasury Management Agency Act 1990	1990, No. 18
Netting of Financial Contracts Act 1995	1995, No. 25
Stamp Duties Consolidation Act 1999	1999, No. 31

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Number 2 of 2013

IRISH BANK RESOLUTION CORPORATION ACT 2013

AN ACT TO PROVIDE FOR THE WINDING UP OF IBRC AND TO PROVIDE FOR CONNECTED MATTERS.

WHEREAS it is necessary, in the public interest, to provide for the orderly winding up of the affairs of IBRC to help to address the continuing serious disturbance in the economy of the State;

AND WHEREAS vital assistance has been provided by the State to maintain the functioning of IBRC to support the financial stability of the State;

AND WHEREAS vital assistance has been provided by the Central Bank of Ireland to maintain the functioning of IBRC to support the stability of the Irish financial system;

AND WHEREAS the maintenance of the functioning of IBRC is no longer necessary to support the financial stability of the State or the stability of the Irish financial system;

AND WHEREAS it is necessary to end the exposure of the State and the Central Bank of Ireland to IBRC;

AND WHEREAS the winding up of IBRC is now necessary to help to restore the financial position of the State and to help to enable the State to re-establish normalised access to the international debt markets;

AND WHEREAS it is necessary in the public interest to ensure that the financial support provided by the State to IBRC is, to the extent achievable, recovered as fully and efficiently as possible;

AND WHEREAS the winding up of IBRC is necessary to resolve the debt of IBRC to the Central Bank of Ireland;

AND WHEREAS in the achievement of the winding up of IBRC the common good may require permanent or temporary interference with the rights, including property rights, of persons;

[7th February, 2013]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

Irish Bank Resolution Corporation Act 2013 Permanent Page URL

Irish Bank Resolution Corporation Act 2013

Permanent Page URL