LegalizeS.I. No. 453/2006 - Credit Union Act 1997 (Alteration of Financial Limits) Order 2006
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1 amending act · 2012-12-19, Credit Union and Co-operation with Overseas Regulators Act 2012
ORDER
entitled
Credit Union Act 1997 (Alteration of Financial Limits) Order 2006
Made by the Minister for Finance
I, Brian Cowen, Minister for Finance, in exercise of the powers conferred on me by section 27(5) of the Credit Union Act 1997 (No. 15 of 1997), hereby order as follows:
1.
This Order may be cited as the Credit Union Act 1997 (Alteration of Financial Limits Order 2006.
2.
Section 27 of the Credit Union Act 1997 (No. 15 of 1997) is amended -
- (a) in subsection (2) by substituting “100 per cent.” for “75 per cent.”, and
- (b) in subsection (4) (as amended by section 6 of the Euro Changeover (Amounts) Act 2001 (No. 16 of 2001)) by substituting -
- (i) “€100,000” for “€26,000” in paragraph (a), and
- (ii) “€200,000” for “€64,000” in paragraph (b).
| GIVEN under my Official Seal, 14^th August 2006. | |
| Brian Cowen | |
| Minister for Finance. |
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