Legalize / Ireland / Statutory Instrument

S.I. No. 127/1996 - Consumer Credit Act, 1995 (Section 2) Regulations, 1996

Type Statutory Instrument

Publication 1996-05-13

Last updated 2012-08-21

State In force superseded text

Text As published

Source Irish Statute Book

articles 3

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

1 amending act · 2012-08-21, S.I. No. 322/2012 - Consumer Credit Act 1995 (Section 2) (No. 1) Regulations 2012

Reform history JSON API

I, RICHARD BRUTON, Minister for Enterprise and Employment, in exercise of the powers conferred on me by section 2 (1) of the Consumer Credit Act, 1995 (No. 24 of 1995), and after consultation with the Minister for the Environment in relation to Regulation 3 of the following Regulations, hereby make the following Regulations:

1.

These Regulations may be cited as the Consumer Credit Act, 1995 (Section 2) Regulations, 1996.

2.

The definition of "credit institution" contained in section 2 (1) of the Consumer Credit Act, 1995 (No. 24 of 1995), shall include ICC Investment Bank Limited.

3.

The definition of "mortgage lender" contained in section 2 (1) of the Consumer Credit Act, 1995 shall include—

( a ) a person whose business includes the making of housing loans, provided that at least 50 per cent. by number of all business loans outstanding to him, in whole or in part, at any time comprises loans secured by mortgage of residential property, and

( b ) a local authority (within the meaning of the Local Government Act, 1941 ).

GIVEN under my Official Seal, this 13th day of May, 1996.

RICHARD BRUTON,

Minister for Enterprise and Employment.

EXPLANATORY NOTE.

This Regulation supplements the definitions of "credit institutions" and "mortgage lender" in the Consumer Credit Act, 1995 .

This document does not substitute the official text published in the Irish Statute Book. We accept no responsibility for any inaccuracies arising from the transcription of the original into this format.

This text is published under Irish Statute Book's own terms of reuse, not a Legalize or public-domain licence. Irish Statute Book
CC-BY 4.0 (Oireachtas Open Data PSI Licence)
Contains Irish Public Sector Information licensed under the Oireachtas (Houses of the Oireachtas) Open Data PSI Licence / Creative Commons Attribution 4.0 International, sourced from https://www.irishstatutebook.ie.