Euro Area Loan Facility (Amendment) Act 2012

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Number 6 of 2012


EURO AREA LOAN FACILITY (AMENDMENT) ACT 2012


ARRANGEMENT OF SECTIONS

Section

1. Definition.

2. Amendment of section 2 of Act of 2011.

3. Insertion of Schedule to Act of 2011.

4. Short title.

SCHEDULE

Amendment to the Loan Facility Agreement of February 2012


Acts Referred to

Euro Area Loan Facility Act 2010

2010, No. 7

European Financial Stability Facility and Euro Area Loan Facility (Amendment) Act 2011

2011, No. 25

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Number 6 of 2012


EURO AREA LOAN FACILITY (AMENDMENT) ACT 2012


AN ACT TO FURTHER FACILITATE, IN THE PUBLIC INTEREST, THE FINANCIAL STABILITY OF THE EUROPEAN UNION AND THE SAFEGUARDING OF THE FINANCIAL STABILITY OF THE EURO AREA AS A WHOLE AND FOR THOSE PURPOSES—

[9th March, 2012]

(A) TO ENABLE EFFECT TO BE GIVEN, IN SO FAR AS IT RELATES TO THE STATE, TO THE AMENDMENT TO THE EUR 80 000 000 000 LOAN FACILITY AGREEMENT DONE IN BRUSSELS ON 27 FEBRUARY 2012 AND IN ATHENS ON 24 FEBRUARY 2012,

(B) TO AMEND THE EURO AREA LOAN FACILITY ACT 2010 AND THE EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT 2011, AND

(C) TO PROVIDE FOR RELATED MATTERS.

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: