S.I. No. 297/2026 - Credit Review Act 2026 (Prescribed Amounts and Fee) Regulations 2026

1. (1) These Regulations may be cited as the Credit Review Act 2026 (Prescribed Amounts and Fee) Regulations 2026.

(2) These Regulations shall come into operation on 1 July 2026.

2. In these Regulations, “Act of 2026” means the

Credit Review Act 2026

(No. 1 of 2026).

3. For the purpose of the definition of “credit facility” in section 2 of the Act of 2026 –

(a) the prescribed minimum amount shall be €1,000, and

(b) the prescribed maximum amount shall be €3,000,000.

4. The fee prescribed for the purposes of section 28 of the Act of 2026 shall be –

(a) in the case of a credit facility of an amount not greater than €100,000, €100,

(b) in the case of a credit facility of an amount greater than €100,000 but less than €250,000, 0.1 per cent of the value of the credit facility, and

(c) in the case of a credit facility of an amount equal to or greater than €250,000, €250.

GIVEN under my Official Seal,

25 June, 2026.

SIMON HARRIS,

Minister for Finance.

EXPLANATORY NOTE

(

This note is not part of the Instrument and does not purport to be a legal interpretation

)

In exercise of the powers conferred on the Minister for Finance by

sections 3

and

4

of the

Credit Review Act 2026

(No. 1 of 2026), these regulations prescribe a maximum and a minimum amount for the purpose of the definition of “credit facility” in

section 2

of the

Credit Review Act 2026

. The maximum amount is €3,000,000, and the minimum amount is €1,000.

In exercise of the powers conferred on the Minister for Finance by

sections 4

and

28

of the

Credit Review Act 2026

(No. 1 of 2026), these regulations prescribe the fee payable to the Credit Review Service for an application for review of a credit decision. The prescribed fee is the greater of €100 or €1 per €1,000 of the value of the credit facility to which the application for review relates, subject to the limit that the maximum fee to be paid is €250.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of

30

th June,

2026.

I, SIMON HARRIS, Minister for Finance, in exercise of the powers conferred on me by

sections 3

,

4

and

28

of the

Credit Review Act 2026

(No. 1 of 2026), hereby make the following regulations