Anglo Irish Bank Corporation Act 2009

Submissions to Assessor.

24.— (1) The following persons and no others may make submissions to the Assessor in respect of the aggregate value of the transferred shares and extinguished rights:

(a) the Central Bank;

(b) the Governor;

(c) a person appointed by the Assessor under subsection (4)(a) to represent a class of persons whose shares were transferred to the Minister by section 5 or whose rights have been extinguished under section 10 ;

(d) a person—

(i) whose shares were transferred to the Minister by section 5 , or

(ii) whose rights have been extinguished under section 10 ,

but who is not in a class for which, under subsection (4)(a), the Assessor has appointed a representative;

(e) the Minister, and, if the Minister so specifies, the National Treasury Management Agency;

(f) any other person from whom the Assessor invites a submission.

(2) The Assessor may invite a submission under subsection (1)(f) from a person whose shares were transferred to the Minister by section 5 or whose rights have been extinguished under section 10 even if the person is in a class of persons for which the Assessor has appointed a representative under subsection (4)(a).

(3) A submission to the Assessor under subsection (1) shall be made in accordance with procedures determined by the Assessor under subsection (4).

(4) Subject to any regulations made by the Minister under section 36 , the Assessor shall determine, in his or her sole discretion, procedures for—

(a) the appointment of representatives of persons holding the same class or classes of shares or having substantially the same interests,

(b) the form and type of submissions to be made to the Assessor,

(c) the means by which confidential information should be protected from public disclosure, and

(d) performing any of the Assessor’s functions.