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lrc_2005_act_34 IE

(LRC Revised)

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LRC Revised Act

Number 34 of 2005

DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January 2023

Changes to legislation

as of 10 July 2026, this Act is up to date with all changes known to be in force.

This Revised Act is an administrative consolidation of

Development Banks Act 2005

. It is prepared by the Law Reform Commission in accordance with its function under

Law Reform Commission Act 1975

(3/1975) to keep the law under review and to undertake revision and consolidation

of statute law.

All Acts up to and including

Local Government (Maternity

Protection and Other Measures for Members of Local Authorities) Act 2022

(52/2022), enacted 21 December 2022, and all statutory instruments up to and including

Planning And Development And Foreshore (Amendment) Act 2022 (Commencement) Order

2023

(S.I. No. 1 of 2023), made 9 January 2023, were considered in the

preparation of this Revised Act.

Disclaimer: While every care has been taken in the preparation of this Revised Act,

the Law Reform Commission can assume no responsibility for and give no guarantees,

undertakings or warranties concerning the accuracy, completeness or up to date nature

of the information provided and does not accept any liability whatsoever arising from

any errors or omissions. Please notify any errors, omissions and comments by email

to

revisedacts@lawreform.ie.

Number

34

of

2005

DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January

2023

ARRANGEMENTS OF SECTIONS

Section

1.

Definitions.

2.

Approval of terms of Agreement.

3.

Financial and other provisions.

4.

Amendment of Act of 1991.

5.

Amendment of Act of 1957.

6.

Amendment of Act of 1960.

7.

Amendment of Act of 1988.

8.

Amendment of Act of 2004.

9.

Short title.

SCHEDULE

Acts Referred to

Bretton Woods Agreements Act 1957

1957, No. 18

Council of Europe Development Bank Act 2004

2004, No. 37

European Bank for Reconstruction and Development Act 1991

1991, No. 1

International Development Association Act 1960

1960, No. 35

Multilateral Investment Guarantee Agency Act 1988

1988, No. 32

Number

34

of

2005

DEVELOPMENT BANKS ACT 2005

REVISED

Updated to 9 January

2023

AN ACT TO PROVIDE FOR APPROVAL OF THE TERMS OF THE AGREEMENT ESTABLISHING THE ASIAN

DEVELOPMENT BANK, TO PROVIDE FOR MATTERS (INCLUDING PAYMENTS) RELATED TO THAT AGREEMENT,

TO AMEND THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT ACT 1991, THE BRETTON

WOODS AGREEMENTS ACT 1957, THE INTERNATIONAL DEVELOPMENT ASSOCIATION ACT 1960, THE

MULTILATERAL INVESTMENT GUARANTEE AGENCY ACT 1988 AND THE COUNCIL OF EUROPE DEVELOPMENT

BANK ACT 2004.

[21

st December

, 2005]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS

Section

1.

Definitions.

2.

Approval of terms of Agreement.

3.

Financial and other provisions.

4.

Amendment of Act of 1991.

5.

Amendment of Act of 1957.

6.

Amendment of Act of 1960.

7.

Amendment of Act of 1988.

8.

Amendment of Act of 2004.

9.

Short title.

SCHEDULE

Number

34

of

2005

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