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Credit Institutions (Stabilisation) Act 2010: Motion

Vote from 14/12/2012

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Minister for Finance Deputy Michael Noonan: I move:

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Background information

Minister for Finance Deputy Michael Noonan: I move:

The motion before the House seeks to have the period of effectiveness of the Credit Institutions (Stabilisation) Act 2010, known as CISA, extended for a period of 24 months up to 31 December 2014 Section 69 of the Act provides that the Act, other than sections 51 and 67, will cease to have effect on 31 December 2012 or a later date substituted by resolution of both Houses of the Oireachtas The motion, accordingly, seeks to substitute “31 December 2014” for “31 December 2012”

Act available here: http://www.irishstatutebook.ie/2010/en/act/pub/0036/index.html

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