Credit Guarantee (Amendment) Act 2022

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Number 38 of 2022


CREDIT GUARANTEE (AMENDMENT) ACT 2022


CONTENTS

Section

1. Definition

2. Amendment of section 1 of Act of 2012

3. Amendment of section 3 of Act of 2012

4. Amendment of section 4 of Act of 2012

5. Power of Minister to give guarantees in accordance with Ukraine credit guarantee scheme

6. Amendment of section 12 of Credit Guarantee (Amendment) Act 2016

7. Amendment of Loan Guarantee Schemes Agreements (Strategic Banking Corporation of Ireland) Act 2021

8. Short title, commencement and collective citation


Acts Referred to

Credit Guarantee (Amendment) Act 2016 (No. 1)

Credit Guarantee Act 2012 (No. 26)

Credit Guarantee Acts 2012 to 2020

Loan Guarantee Schemes Agreements (Strategic Banking Corporation of Ireland) Act 2021 (No. 9)

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Number 39 of 2022


CREDIT GUARANTEE (AMENDMENT) ACT 2022


An Act to make provision in relation to the giving of guarantees by the Minister for Enterprise, Trade and Employment under the Credit Guarantee Act 2012 in accordance with a credit guarantee scheme made under that Act by that Minister of the Government in response to the economic difficulties resulting from the aggression against Ukraine by Russia; to place a monetary limit on the potential liability of that Minister of the Government in respect of such a credit guarantee scheme; to extend the classes of enterprise to which such a credit guarantee scheme may apply; and, for those purposes, to amend the Credit Guarantee Act 2012 and the Credit Guarantee (Amendment) Act 2016 ; to amend the Loan Guarantee Schemes Agreements (Strategic Banking Corporation of Ireland) Act 2021 ; and to provide for related matters.

[2nd December, 2022]

Be it enacted by the Oireachtas as follows: