(LRC Revised)

Number 18 of 2008

CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008

REVISED

Updated to 16 December 2025

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 the

Credit Institutions (Financial Support) Act 2008

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

the

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 the

Employment (Contractual Retirement Ages) Act 2025

(16/2025), enacted 16 December 2025, and all

statutory instruments up to and including the

Credit Institutions (Eligible Liabilities Guarantee) (Revocation) Scheme 2025

(S.I. No. 615 of 2025), made 16 December 2025, were considered in the

preparation of this revision.

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

18

of

2008

CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008

REVISED

Updated to 16 December 2025

ARRANGEMENT OF SECTIONS

Section

1. Interpretation.

2. Functions performed in the public interest.

3. Relevant date.

4. Expenses of Minister.

5. Regulations — general implementation of this Act.

6. Provision of financial support for credit institutions.

7. Modification of

application, etc., of certain provisions of Competition Act 2002.

8. Consequential amendments of other Acts.

9. Short title.

Acts referred to

Central Bank Act 1942

1942, No. 22

Central Bank Act 1997

1997, No. 8

Central Bank and Financial Services Authority of Ireland Act 2003

2003, No. 12

Companies Act 1963

1963, No. 33

Companies Acts

Competition Act 2002

2002, No. 14

Finance Act 1970

1970, No. 14

Finance Act 1993

1993, No. 13

National Development Finance Agency Act 2002

2002, No. 29

National Treasury Management Agency Act 1990

1990, No. 18

Number

18

of

2008

CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008

REVISED

Updated to 16 December 2025

AN ACT TO PROVIDE, IN THE PUBLIC INTEREST, FOR MAINTAINING THE STABILITY OF THE FINANCIAL

SYSTEM IN THE STATE AND FOR THAT PURPOSE TO PROVIDE FOR FINANCIAL SUPPORT BY THE MINISTER

FOR FINANCE IN RESPECT OF CERTAIN CREDIT INSTITUTIONS, TO AMEND THE COMPETITION ACT

2002 AND OTHER ENACTMENTS, AND TO PROVIDE FOR CONNECTED MATTERS.

[2

nd October

, 2008]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS

Annotations

Editorial Notes

E1

Power granted to Minister for Finance to make proposed subordinated liabilities order

in relation to subordinated liabilities of relevant institutions to which the Minister

has provided or intends to provide financial support under Act and matters to be regarded

by Minister in considering whether to make such an order prescribed (21.12.2010) by

Credit Institutions (Stabilisation) Act 2010

(36/2010), s. 28, S.I. No. 623 of 2010.

Annotations

Editorial Notes

E1

Power granted to Minister for Finance to make proposed subordinated liabilities order

in relation to subordinated liabilities of relevant institutions to which the Minister

has provided or intends to provide financial support under Act and matters to be regarded

by Minister in considering whether to make such an order prescribed (21.12.2010) by

Credit Institutions (Stabilisation) Act 2010

(36/2010), s. 28, S.I. No. 623 of 2010.

ARRANGEMENT OF SECTIONS

Section

1. Interpretation.

2. Functions performed in the public interest.

3. Relevant date.

4. Expenses of Minister.

5. Regulations — general implementation of this Act.

6. Provision of financial support for credit institutions.

7. Modification of

application, etc., of certain provisions of Competition Act 2002.

8. Consequential amendments of other Acts.

9. Short title.