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Updated to 11 December 2024 (Act No. 48 of 2024 and S.I. No. 697 of 2024)

Investment Intermediaries Act 1995
No. 11 of 1995

Contents

Commencement

SectionCommencement DateCommencement Information
Ss. 1-24 in respect of member firms of the Irish Stock Exchange Limited 1 April 1996  Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 3
Ss. 1-24 other than in respect of members of the "Irish Unit of the International Stock Exchange of the United Kingdom and the Republic of Ireland Limited" 1 August 1995  Investment Intermediaries Act 1995 (Commencement) Order 1995 (S.I. No. 207 of 1995), art 2(a)
Ss. 25-28(1)-(3) in respect of member firms of the Irish Stock Exchange Limited 1 April 1996  Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 3
Ss. 25-28(1)-(3) other than in respect of members of the "Irish Unit of the International Stock Exchange of the United Kingdom and the Republic of Ireland Limited" 1 November 1995 Investment Intermediaries Act 1995 (Commencement) Order 1995 (S.I. No. 207 of 1995), art. 3
 S. 28(4) in respect of member firms of the Irish Stock Exchange Limited 1 April 1996  Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 3
S. 28(4) other than in respect of members of the "Irish Unit of the International Stock Exchange of the United Kingdom and the Republic of Ireland Limited" 1 August 1995  Investment Intermediaries Act 1995 (Commencement) Order 1995 (S.I. No. 207 of 1995), art 2(a)
Ss. 29-31 in respect of member firms of the Irish Stock Exchange Limited 1 November 1995 Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 3
Ss. 29-31 other than in respect of members of the "Irish Unit of the International Stock Exchange of the United Kingdom and the Republic of Ireland Limited" 1 August 1995  Investment Intermediaries Act 1995 (Commencement) Order 1995 (S.I. No. 207 of 1995). art 2(a)
Ss. 32-50 in respect of member firms of the Irish Stock Exchange Limited 1 April 1996  Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 3
Ss. 32-50 other than in respect of members of the "Irish Unit of the International Stock Exchange of the United Kingdom and the Republic of Ireland Limited" 1 August 1995  Investment Intermediaries Act 1995 (Commencement) Order 1995 (S.I. No. 207 of 1995), art 2(a)
S. 51 other than in respect of prescribed entities set out in art. 4(1)(a)-(f) 11 March 1996 Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 4
Ss. 52-80 in respect of member firms of the Irish Stock Exchange Limited 1 April 1996  Investment Intermediaries Act 1995 (Commencement) (No. 2) Order 1996 (S.I. No. 28 of 1996), art. 3
Ss. 52-80 other than in respect of members of the "Irish Unit of the International Stock Exchange of the United Kingdom and the Republic of Ireland Limited" 1 August 1995  Investment Intermediaries Act 1995 (Commencement) Order 1995 (S.I. No. 207 of 1995), art 2(a)

Amendments and other effects

How AffectedAffecting Provision
"authorised investment business firm" deemed to be authorised investment firm for purpose of regulations S.I. No. 60 of 2007, reg. 6(2)(a)
All sections restricted S.I. No. 60 of 2007, reg. 6(1)
Application restricted 8/1997, ss. 1(2), 37
  12/2005, ss. 2(1), 50(1), 50(2)
Applied S.I. No. 107 of 2007, schedule, para. 1. See also reg. 4(2), schedule, para. 2
Authorised officer under Act deemed to be authorised officer under regulations S.I. No. 60 of 2007, reg. 6(7)
Certain directions made under continue to apply S.I. No. 60 of 2007, reg. 6(5)
Certain orders and notices made under continue to apply S.I. No. 60 of 2007, reg. 6(6)
Certain regulations made under continue to apply S.I. No. 60 of 2007, reg. 6(4)
S. 2(1) amended S.I. No. 229 of 2018, regs. 1(2), 55(a)
  S.I. No. 375 of 2017, regs. 1(2), 142(2)
  26/2013, ss. 2, 5(2), schedule 3, pt. 1, item 1
  40/2012, ss. 2(1), 70(4), schedule 4, pt. 5, item 1
  21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 1
  12/2003, ss. 1(2), 35(1), schedule 1, pt. 20
  18/2002, ss. 1(3), 1(4), 3
  12/2001, ss. 12(1), 13(2), schedule, pt. 1
  42/2000, ss. 1(4)(a), 1(5), 16(1)(a)-16(1)(i)
  32/2000, ss. 7(1), 8(2), schedule
  37/1998, ss. 1(2), 52(a)
  25/1990, s. 101(5)(a)
S. 2(6)(a) amended 37/1998, ss. 1(2), 52(b)(i)
S. 2(6)(e) amended 37/1998, ss. 1(2), 52(b)(ii)
S. 2(6)(f) substituted 37/1998, ss. 1(2), 52(b)(iii)
S. 2(6)(h)-(m) substituted 37/1998, ss. 1(2), 52(b)(iv)
S. 2(6)(h) substituted 42/2000, ss. 1(4)(a), 1(5), 16(2)
S. 2(6)(m) amended S.I. No. 229 of 2018, regs. 1(2), 55(b)(i)
S. 2(6)(n) inserted S.I. No. 229 of 2018, regs. 1(2), 55(b)(ii)
S. 2(6)(n)(ii) amended 20/2024, ss. 1(2), 77(a)
S. 2(6)(o) inserted 20/2024, ss. 1(2), 77(b)
S. 2(7) substituted 37/1998, ss. 1(2), 44
S. 4 substituted 8/1997, ss. 1(2), 37
S. 6(1) substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 2
S. 8 amended 8/1997, ss. 1(2), 38
S. 9(3) inserted 37/1998, ss. 1(2), 53
S. 9(3) repealed with saver 40/2012, ss. 2(1), 70, schedule 2, pt. 1, item 6
S. 10(3) amended 37/1998, ss. 1(2), 54(a)(i), 54(a)(ii), 54(a)(iii)
S. 10(3) substituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 1
S. 10(5)(a) amended 37/1998, ss. 1(2), 54(b)
S. 10(5)(j) amended S.I. No. 375 of 2017, regs. 1(2), 142(3)(a)
S. 10(5)(k) inserted S.I. No. 375 of 2017, regs. 1(2), 142(3)(b)
S. 10(16) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 12 repealed S.I. No. 60 of 2007, reg. 194
S. 12(3) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 2
Ss. 13(3), 13(4) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 3
S. 13A deleted S.I. No. 229 of 2018, regs. 1(2), 55(c)
S. 13A inserted 42/2000, ss. 1(4)(a), 1(5), 17
S. 13A(4) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 4
S. 13A(5) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 4
S. 14(1) amended 37/1998, ss. 1(2), 55
S. 14(3) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 5
S. 15(2) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 6
S. 16 substituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 7
S. 16(1)(k) substituted 42/2000, ss. 1(4)(a), 1(5), 18
S. 16(8) amended 37/1998, ss. 1(2), 56
S. 17(2) substituted 12/2003, ss. 1(2), 35(1), schedule 1, pt. 20, item 2
  42/2000, ss. 1(4)(a), 1(5), 19
S. 17(2A) inserted 12/2003, ss. 1(2), 35(1), schedule 1, pt. 20, item 2
S. 17(2B) inserted 12/2003, ss. 1(2), 35(1), schedule 1, pt. 20, item 2
S. 17(4) inserted 37/1998, ss. 1(2), 57
S. 19(1)(b) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 20(3) deleted 12/2003, ss. 1(2), 35(1), schedule 1, pt. 20
S. 20(4) deleted 12/2003, ss. 1(2), 35(1), schedule 1, pt. 20
S. 20(5) amended 8/1997, ss. 1(2), 40
S. 20(6) amended 26/2013, ss. 2, 5(2), schedule 3, pt. 1, item 2
  40/2012, ss. 2(1), 70(4), schedule 4, pt. 5, item 2
Ss. 21(1)(e), 21(1)(f) amended 37/1998, ss. 1(2), 58(a), 58(b)
S. 21(1)(g) inserted 37/1998, ss. 1(2), 58(c)
S. 21(2)(bb) inserted 42/2000, ss. 1(4)(a), 1(5), 20
Ss. 21(5), 21(6) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para 8(a)
S. 21(5) amended 37/1998, ss. 1(2), 58(d)
S. 21(9) inserted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para. 8(b)
S. 22 ctnc. of persons authorised under 12/2003, ss. 1(2), 36, schedule 3, para. 19(1)
S. 22(5) amended 8/1997, ss. 1(2), 41(a), 41(b)
  21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 3(a)
Ss. 22(5), 22(6), 22(6A), 22(6B) substitituted and inserted with transitional provisions 12/2003, ss. 1(2), 35(1), 36, schedule 1, pt. 20, schedule 3, para. 19(1)
S. 22(6) amended 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 3(b)
S. 22(6)(a) amended 8/1997, ss. 1(2), 41(c), 41(d)
S. 22(6B) amended 21/2004, ss. 1(2), 33, schedule 3, pt. 11, paras. 3(c), 3(d)
S. 23 application rstrcted 38/2014, ss. 1(2), 1362(1)
S. 23 applied 12/2005, ss. 2(1), 50(1)
S. 25 substitituted 42/2000, ss. 1(4)(a), 1(5), 21
S. 25(b) amended 8/1997, ss. 1(2), 42
  25/1990, s. 101(5)(b)
  18/2002, ss. 1(3), 1(4), 3
S. 25(b)(vi) amended S.I. No. 229 of 2018, regs. 1(2), 55(d)(i)
S. 25(b)(vii) deleted S.I. No. 229 of 2018, regs. 1(2), 55(d)(ii)
Ss. 25A-25G inserted 42/2000, ss. 1(4)(a), 1(5), 22
S. 25A-25G deleted S.I. No. 229 of 2018, regs. 1(2), 55(e)
S. 25H inserted S.I. No. 375 of 2017, regs. 1(2), 142(4)
S. 26(1) substitituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 4
S. 26(1) amended 42/2000, ss. 1(4)(a), 1(5), 23(a)(i)
  37/1998, ss. 1(2), 59(a)
  8/1997, ss. 1(2), 43
S. 26(1)(a) amended 25/1990, s. 101(5)(c)
  18/2002, ss. 1(3), 1(4), 3
S. 26(1)(vi) amended 42/2000, ss. 1(4)(a), 1(5), 23(a)(ii)
S. 26(1)(vii) inserted 42/2000, ss. 1(4)(a), 1(5), 23(a)(iii)
S. 26(1), cl. (I) amended 42/2000, ss. 1(4)(a), 1(5), 23(a)(iv)
S. 26(1), cl. (II) amended 42/2000, ss. 1(4)(a), 1(5), 23(a)(v)
S. 26(1), cls. (III), (IV) inserted 42/2000, ss. 1(4)(a), 1(5), 23(a)(vi)
S. 26(1)(a)(i) amended S.I. No. 229 of 2018, regs. 1(2), 55(f)(i)
S. 26(1A)(h) deleted S.I. No. 229 of 2018, regs. 1(2), 55(f)(iii)
S. 26(1B)(c) amended S.I. No. 229 of 2018, regs. 1(2), 55(f)(ii)
S. 26(1B)(d) deleted S.I. No. 229 of 2018, regs. 1(2), 55(f)(iii)
S. 26(1B)(e) deleted S.I. No. 229 of 2018, regs. 1(2), 55(f)(iii)
S. 26(1C) deleted S.I. No. 229 of 2018, regs. 1(2), 55(f)(iii)
S. 26(2) amended 37/1998, ss. 1(2), 59(b)
S. 26(2A) deleted S.I. No. 229 of 2018, regs. 1(2), 55(f)(iii)
S. 26(2A) inserted 42/2000, ss. 1(4)(a), 1(5), 23(b)
S. 26(3) deleted S.I. No. 229 of 2018, regs. 1(2), 55(f)(iii)
S. 26(3) substitituted 42/2000, ss. 1(4)(a), 1(5), 23(c)
S. 26(4) amended S.I. No. 229 of 2018, regs. 1(2), 55(f)(iv)
S. 26(4) inserted 42/2000, ss. 1(4)(a), 1(5), 23(d)
S. 27 substitituted 8/1997, ss. 1(2), 44
S. 27(a) deleted 42/2000, ss. 1(4)(a), 1(5), 24(a)
S. 27(c) amended 42/2000, ss. 1(4)(a), 1(5), 24(b), 24(c)
S. 27(1)(c) amended S.I. No. 229 of 2018, regs. 1(2), 55(g)
S. 27(2) inserted 42/2000, ss. 1(4)(a), 1(5), 24(b), 24(c)
S. 28 substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 5
S. 28(1) substitituted 42/2000, ss. 1(4)(a), 1(5), 25(a)
S. 28(1) amended 8/1997, ss. 1(2), 45
S. 28(1)(a)(v) deleted S.I. No. 229 of 2018, regs. 1(2), 55(h)(i)
S. 28(1)(c) amended S.I. No. 229 of 2018, regs. 1(2), 55(h)(ii)
S. 28(2) substituted 42/2000, ss. 1(4)(a), 1(5), 25(b)
S. 28(2)(b) amended S.I. No. 229 of 2018, regs. 1(2), 55(h)(iii)
S. 28(3) amended S.I. No. 229 of 2018, regs. 1(2), 55(h)(iv)
S. 28(4) repealed 37/1998, ss. 1(2), 7, schedule 1
S. 28(5) inserted 37/1998, ss. 1(2), 60
S. 28(5) amended 42/2000, ss. 1(4)(a), 1(5), 25(c)(i)
S. 28(5)(aa) inserted 42/2000, ss. 1(4)(a), 1(5), 25(c)(ii)
S. 28(7)(d) amended S.I. No. 229 of 2018, regs. 1(2), 55(h)(v)
S. 29 amended 8/1997, ss. 1(2), 46
S. 29 substitituted 42/2000, ss. 1(4)(a), 1(5), 26
S. 30 substitituted 42/2000, ss. 1(4)(a), 1(5), 27
S. 30 relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 30(2)(e) amended S.I. No. 229 of 2018, regs. 1(2), 55(i)(i)
S. 30(2)(f) deleted S.I. No. 229 of 2018, regs. 1(2), 55(i)(ii)
S. 31(2) amended 42/2000, ss. 1(4)(a), 1(5), 28(a)
S. 31(3) amended 8/1997, ss. 1(2), 47(a), 47(b)
S. 31(4) amended 8/1997, ss. 1(2), 47(c)
  42/2000, ss. 1(4)(a), 1(5), 28(b)
S. 31(6) inserted 37/1998, ss. 1(2), 61
Ss. 31(6)(a), 31(6)(b) amended 42/2000, ss. 1(4)(a), 1(5), 28(c)(i), 28(c)(ii)
S. 31A deleted S.I. No. 229 of 2018, regs. 1(2), 55(j)
S. 31A inserted 42/2000, ss. 1(4)(a), 1(5), 29
S. 32(3) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para. 9
S. 33(2) substitituted 37/1998, ss. 1(2), 62(a)
S. 33(16) inserted 37/1998, ss. 1(2), 62(b)
S. 34 relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 35(4) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 37(2A) inserted 42/2000, ss. 1(4)(a), 1(5), 30
S. 37(2A) deleted S.I. No. 229 of 2018, regs. 1(2), 55(k)
S. 38(2)(a) amended 37/1998, ss. 1(2), 63
S. 43 renumbered 26/2013, ss. 2, 75
Ss. 43(2)-43(5) inserted 26/2013, ss. 2, 75
S. 45 substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para. 10
S. 46(2) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 49(2) deleted 12/2003, ss. 1(2), 35(1), schedule 1, pt. 20
S. 50 repealed 37/1998, ss. 1(2), 7, schedule 1
S. 51 repealed in part 37/1998, ss. 1(2), 7, schedule 1
S. 51(5)(e) repealed 42/2000, ss. 1(4)(a), 1(5), 31
S. 52 certain requirements imposed under continue to apply S.I. No. 60 of 2007, reg. 79(3)
S. 52(2)(c) amended 37/2007, s. 11(a)
S. 52(2)(d) amended 37/2007, s. 11(a)
S. 52(3) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 52(5) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 52(6) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 52(6) substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 6
S. 52(7) substituted 37/1998, ss. 1(2), 64
S. 52(7)(a) amended 37/2007, s. 11(b)
S. 52(7)(b) amended 37/2007, s. 11(b)
S. 52(7)(c) amended 37/2007, s. 11(b)
S. 52(9) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 52(10) new subsection inserted 37/2007, s. 11(c)
S. 52(11) new subsection inserted 37/2007, s. 11(c)
S. 52(12) new subsection inserted 37/2007, s. 11(c)
S. 53(1) substitituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 7
S. 54 amended 37/1998, ss. 1(2), 65
S. 54(6) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 56(9) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
Ss. 57(4), 57(5) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para. 11
S. 58(1) substitituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 8
S. 58(3) substitituted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para. 12
S. 61 substituted 21/2004, ss. 1(2), 10(2), schedule 1, pt 5, para. 13
S. 63 certain persons deemed to be authorised investment business firms under, exempt from compliance with reg. 57 for limited period S.I. No. 229 of 2018, regs. 1(2), 8(2), 8(3)
S. 64 repealed with saver 40/2012, ss. 2(1), 70, schedule 2, pt. 1, item 6
S. 64 applied 37/1998, ss. 1(2), 9(1), 9(3)
S. 64 ctnc. of authorised officer under 12/2003, ss. 1(2), 36, schedule 3, para. 19(2)
S. 64 substituted 8/1997, ss. 1(2), 48
S. 64 substituted with transitional provision 12/2003, ss. 1(2), 35(1), 36, schedule 1, pt. 20, schedule 3, para. 19(2)
S. 64(1) amended 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 9(a)
S. 64(4) substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 9(b)
S. 65 repealed with saver 40/2012, ss. 2(1), 70, schedule 2, pt. 1, item 6
S. 65 applied 37/1998, ss. 1(2), 9(1), 9(3)
S. 65(2)(g) amended 42/2000, ss. 1(4)(a), 1(5), 32
S. 65(2)(hh) inserted 37/1998, ss. 1(2), 66
S. 71(4) substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 10
S. 74 repealed 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 11
S. 74(2) amended 42/2000, ss. 1(4)(a), 1(5), 33
S. 74(5) committee appointed S.I. No. 381 of 1997, rls. 1(2), 3
S. 74(7), 74(8) amended 37/1998, ss. 1(2), 67
S. 75(2) substituted 37/1998, ss. 1(2), 68
S. 78(3) amended 8/1997, ss. 1(2), 49
S. 78(3)(c) substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 12
S. 79 cntnc. in force with transitional provisions 21/2004, ss. 1(2), 35, schedule 5, para. 5(2)
S. 79(1) amended 40/2012, ss. 2(1), 70(4), schedule 4, pt. 5, item 3
  37/1998, ss. 1(2), 69(a)
S. 79(1) substituted 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 13
S. 79(3) repealed 26/2013, ss. 2, 4(1), schedule 1, pt. 1, item 7
S. 79(7) substituted 37/1998, ss. 1(2), 69(b)
S. 79(7) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
S. 79(8) relevant offence under Act 22/2011, ss. 1(2), 3, schedule 1(6)
Sch. 1 substituted 21/2004, ss. 1(2), 10(2), schedule 1, pt. 5, para. 14
Sch. 2 repealed 21/2004, ss. 1(2), 33, schedule 3, pt. 11, para. 14

SIs made under the Act

SectionSIs made under the Act
S. 51 Investment Intermediaries Act 1995 (Bonding of Intermediaries) Regulations 1996 (S.I. No. 29 of 1996)
Sch. 2, para. 9 Investment Intermediaries Act 1995 (Determination Committees) Rules of Procedure 1997 (S.I. No. 381 of 1997)