S.I. No. 481/2021 - Credit Institutions Resolution Fund Levy (Amendment) Regulations 2021

1. These Regulations may be cited as the Credit Institutions Resolution Fund Levy (Amendment) Regulations 2021.

2. The Credit Institutions Resolution Fund Levy Regulations 2012 (

S.I. No. 381 of 2012

) (amended by the Credit Institutions Resolution Fund Levy (Amendment) Regulations 2020 (

S.I. No. 406 of 2020

)) are amended –

(

a

) in Regulation 2 –

(i) in paragraph (1), by the substitution of the following definition for the definition of “levy period”

“ ‘levy period’ means the period commencing on 1 October 2021 and ending on 30 September 2022.”,

and

(ii) in paragraph (3), by the substitution of “30 June 2021” for “30 June 2020”,

(

b

) in Regulation 3(1), by the substitution of “1 October 2021” for “1 October 2020”,

(

c

) in Regulation 4(1), by the substitution of “28 February 2022” for “28 February 2021”, and

(

d

) in Column (3) of the Schedule, opposite Reference Number 5, by the substitution of “0.024914 per cent” for “0.0259 per cent”.

GIVEN under my Official Seal,

21 September, 2021.

PASCHAL DONOHOE,

Minister for Finance.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of

24

th September,

2021.

I, PASCHAL DONOHOE, Minister for Finance, in exercise of the powers conferred on me by

section 15

of the

Central Bank and Credit Institutions (Resolution) Act 2011

(No. 27 of 2011), having consulted with the Central Bank of Ireland and the Credit Union Advisory Committee, hereby make the following regulations