Updated to 5 April 2024 (Act No. 9 of 2024 and S.I. No. 141 of 2024)
Contents
Commencement
| Section | Commencement Date | Commencement Information |
|---|---|---|
| Ss. 1 - 3 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(a) |
| S. 4 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(a) |
| S. 5 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(a) |
| S. 6 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(a) |
| S. 7 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(a) |
| S. 8 | 1 January 2016 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2015 (S.I. No. 584 of 2015), art. 2(a) |
| S. 9 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(a) |
| S. 10 - 13 | 1 January 2016 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2015 (S.I. No. 584 of 2015), art. 2(a) |
| S. 14 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(a) |
| S. 15(1) | 3 March 2014 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2014 (S.I. No. 99 of 2014), art. (a) |
| S. 15(2) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(b) |
| Ss. 16 - 23 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(a) |
| S. 24 in so far as it relates to the insertion of ss. 66A - 66B into Credit Union Act (No. 15 of 1997) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2014 (S.I. No. 99 of 2014), art. (c) |
| S. 24 in so far as it relates to the insertion of s. 66C into Credit Union Act 1997 (No. 15 of 1997) | 3 March 2014 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2014 (S.I. No. 99 of 2014), art. (b) |
| S. 25 - 26 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(a) |
| S. 27(1) in so far as it relates to the insertion of ss. 76L - 76N into Credit Union Act 1997 (No. 15 of 1997) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(d) |
| S. 27(1) in so far as it relates to the insertion of s 76O(1) - (6) into Credit Union Act 1997 (No. 15 of 1997) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(d) |
| S. 27(1) in so far as it relates to the insertion of s. 76O(7) into the Credit Union Act 1997 (No. 15 of 1997) | 3 March 2014 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2014 (S.I. No. 99 of 2014), art. (c) |
| S. 27(1) in so far as it relates to the insertion of ss. 76P- 76R into Credit Union Act 1997 (No. 15 of 1997) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(d) |
| S. 27(2) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(d) |
| S. 28 - 29 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(a) |
| S. 30 | 1 January 2016 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2015 (S.I. No. 584 of 2015), art. 2(a) |
| S. 31 in so far as it relates to the insertion of s. 95A(1) -(4) into Credit Union Act 1997 (No. 15 of 1997) | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(b) |
| S. 31 in so far as it relates to the insertion of s. 95A(5) into Credit Union Act 1997 (No. 15 of 1997) | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(e) |
| S. 32 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(a) |
| S. 33 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(a) |
| S. 34 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(a) |
| S. 35 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(a) |
| Ss. 36 - 37 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(a) |
| S. 38 | 1 January 2016 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2015 (S.I. No. 584 of 2015), art. 2(a) |
| Ss. 39 - 70 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(b) |
| Sch. 1, items 9-10, 31, 56, 76, 102, 134-135, 143 | 1 January 2016 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2015 (S.I. No. 584 of 2015), art. 2(b) |
| Sch. 1, other than items 9-10, 31, 46, 56, 76, 102, 134-135, 143 | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(f)(ii) |
| Sch. 1, items 3, 12, 17, 28-30, 34, 51, 70, 77-80, 124 | 1 August 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2013 (S.I. No. 280 of 2013), art. 2(c) |
| Sch. 1, items 59, 81 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(c) |
| Sch. 1 other than the items in that Sch. already in operation | 11 October 2013 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) (No. 2) Order 2013 (S.I. No. 393 of 2013), art. 2(f)(i) |
| Sch. 1 in so far as it relates to item 46 | 3 March 2014 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement of Certain Provisions) Order 2014 (S.I. No. 99 of 2014), art. (d) |
| Sch. 2 part 1 other than in so far as it relates to the repeal of s. 9(3) of Investment Intermediaries Act 1995 (No. 11 of 1995) in item 6 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(d) |
| Sch. 2 part 1 in so far as it relates to the repeal of s. 9(3) of Investment Intermediaries Act 1995 (No. 11 of 1995) mentioned in item 6 | Not yet commenced. Requires commencement order under s. 2(1) | |
| Sch. 2 part 2, other than in so far as it relates to the revocation of reg. 163 and reg. 165 (1), (2), (5)- (10) of European Communities (Markets in Financial Instruments) Regulations 2007 (S.I. No. 60 of 2007) mentioned in item 3 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(e) |
| Sch. 2 part 2, in so far as it relates to the revocation of reg. 163 and reg. 165 (1), (2), (5)- (10) of European Communities (Markets in Financial Instruments) Regulations 2007 (S.I. No. 60 of 2007) mentioned in item 3 | Not yet commenced. Requires commencement order under s. 2(1) | |
| Schs. 3 - 5 | 19 December 2012 | Credit Union and Co-operation with Overseas Regulators Act 2012 (Commencement) Order 2012 (S.I. No. 557 of 2012), art. 2(f) |
Amendments and other effects
| How Affected | Affecting Provision |
|---|---|
| Act included in collectively cited Central Bank Acts | S. 1(3) |
| Act included in collectively cited Credit Union Acts | S. 1(2) |
| S. 15 references to the Financial Services Ombudsman, the Deputy Financial Services Ombudsman or the Pensions Ombudsman shall, on and after the establishment day, be construed as Financial Services and Pensions Ombudsman | 22/2017, s. 29(3) |
| S. 27 references to the Financial Services Ombudsman, the Deputy Financial Services Ombudsman or the Pensions Ombudsman shall, on and after the establishment day, be construed as Financial Services and Pensions Ombudsman | 22/2017, s. 29(3) |
| Pt. 3 (ss. 39 - 60) establishment day appointed | Credit Union Restructuring Board (Establishment Day) Order 2012 (S.I. No. 558 of 2012), art. 2 |
| S. 40 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 41 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 42 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 43 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 44 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 45 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 46 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(a) |
| S. 47 levy prescribed | Credit Union Fund (ReBo Levy) Regulations 2017 (S.I. No. 283 of 2017), regs. 1(2), 4 |
| Credit Union Fund (ReBo Levy) Regulations 2016 (S.I. No. 585 of 2016), regs. 1(2), 4 | |
| Credit Union Fund (ReBo Levy) Regulations 2015 (S. I. No. 557 of 2015), regs. 1(2), 4 | |
| S. 47 certain regulations made under continued in force | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 5 |
| S. 47(1) repealed with saver | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(b), 5 |
| S. 47(2) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(b) |
| S. 47(3) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(b) |
| S. 47(5) substituted | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 14 |
| S. 47(6) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(b) |
| S. 48(1) substituted | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 15 |
| S. 49 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(c) |
| S. 50(3) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 16(a) |
| S. 50(3)(a) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(d) |
| S. 50(4) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(d) |
| S. 50(5) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(d) |
| S. 50(6)(b) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 16(b) |
| S. 51 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(e) |
| S. 52 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(e) |
| S. 53 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(e) |
| S. 54 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(e) |
| S. 55 repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(e) |
| S. 56(1) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(f) |
| S. 56(2) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(f) |
| S. 56(2) substituted | Data Protection Act 2018 (7/2018), ss. 1(3), 219(a) |
| S. 56(4) inserted | Data Protection Act 2018 (7/2018), ss. 1(3), 219(b) |
| S. 56(4) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(f) |
| S. 57(2)(a) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(g) |
| S. 57(2)(c) substituted | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 17(a) |
| S. 57(4) substituted | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 17(b) |
| S. 57(4A) inserted | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 17(c) |
| S. 57(5) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(g) |
| S. 57(7) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 17(d) |
| S. 57(8) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 17(e) |
| S. 59 levy prescribed | Credit Union Fund (Stabilisation) Levy Regulations 2017 (S.I. No. 561 of 2017), regs. 3-5 |
| Credit Union Fund (Stabilisation) Levy Regulations 2015 (S.I. No. 530 of 2015), regs. 3-5 | |
| Credit Union Fund (Stabilisation) Levy Regulations 2014 (S.I. No. 533 of 2014), regs. 3-5 | |
| S. 59(2) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(h) |
| S. 59(3) levy prescribed | Credit Union Fund (Stabilisation) Levy Regulations 2019 (S.I. No. 569 of 2019), regs. 3-5 |
| Credit Union Fund (Stabilisation) Levy Regulations 2018 (S.I. No. 441 of 2018), regs. 3-5 | |
| Credit Union Fund (Stabilisation) Levy Regulations 2016 (S.I. No. 583 of 2016), regs. 3-5 | |
| S. 59(4) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 18(a)(i) |
| S. 59(4)(a) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 18(a)(ii) |
| S. 59(5) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 18(b) |
| S. 59(6)(a) substituted | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 18(c) |
| S. 60(1) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(i) |
| S. 65(1)(a) amended | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 19 |
| S. 65(2) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(j) |
| S. 65(3) repealed | Credit Union Restructuring Board (Dissolution) Act 2020 (22/2020), ss. 1(3), 4(j) |
SIs made under the Act
| Section | SIs made under the Act |
|---|---|
| S. 42(1) | Credit Union Restructuring Board (Establishment Day) Order 2012 (S.I. No. 558 of 2012) |
| S. 47 | Credit Union Fund (ReBo Levy) Regulations 2017 (S.I. No. 283 of 2017) |
| Credit Union Fund (ReBo Levy) Regulations 2016 (S.I. No. 585 of 2016) | |
| Credit Union Fund (ReBo Levy) Regulations 2015 (S. I. No. 557 of 2015) | |
| Credit Union Fund (ReBo Levy) Regulations 2014 (S.I. No. 581 of 2014) | |
| S. 59 | Credit Union Fund (Stabilisation) Levy Regulations 2017 (S.I. No. 561 of 2017) |
| Credit Union Fund (Stabilisation) Levy Regulations 2016 (S.I. No. 583 of 2016) | |
| Credit Union Fund (Stabilisation) Levy Regulations 2015 (S.I. No. 530 of 2015) | |
| Credit Union Fund (Stabilisation) Levy Regulations 2014 (S.I. No. 533 of 2014) | |
| S. 59(3) | Credit Union Fund (Stabilisation) Levy Regulations 2023 (S.I. No. 616 of 2023) |
| Credit Union Fund (Stabilisation) Levy Regulations 2022 (S.I. No. 476 of 2022) | |
| Credit Union Fund (Stabilisation) Levy Regulations 2021 (S.I. No. 480 of 2021) | |
| Credit Union Fund (Stabilisation) Levy Regulations 2020 (S.I. No. 457 of 2020) | |
| Credit Union Fund (Stabilisation) Levy Regulations 2018 (S.I. No. 569 of 2019) | |
| Credit Union Fund (Stabilisation) Levy Regulations 2018 (S.I. No. 441 of 2018) |