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(LRC Revised)

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LRC Revised Act

Number 25 of 2011

EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT 2011

REVISED

Updated to 28 May 2019

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

European Financial Stability Facility and Euro Area Loan Facility (Amendment) Act

2011

. 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

Greyhound Racing Act 2019

(15/2019), enacted 28 May 2019, and all statutory instruments up to and including

European Communities (Sheep Identification) (Amendment) Regulations 2019

(S.I. No. 243 of 2019), made 28 May 2019, 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

25

of

2011

EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT

2011

REVISED

Updated to 28 May 2019

ARRANGEMENT OF SECTIONS

Section

1. Amendment of European Financial Stability Facility Act 2010.

2. Amendment of Euro Area Loan Facility Act 2010.

3. Short title.

SCHEDULE 1

Amendment to EFSF Framework Agreement

SCHEDULE 2

Amendment to Loan Facility Agreement of June 2011

SCHEDULE 3

Amendment to Loan Facility Agreement of February 2012

SCHEDULE 4

Amendment to Loan Facility Agreement of December 2012

Acts Referred to

Euro Area Loan Facility Act 2010

2010, No. 7

European Financial Stability Facility Act 2010

2010, No. 16

Number

25

of

2011

EUROPEAN FINANCIAL STABILITY FACILITY AND EURO AREA LOAN FACILITY (AMENDMENT) ACT

2011

REVISED

Updated to 28 May 2019

AN ACT TO FURTHER FACILITATE, IN THE PUBLIC INTEREST, THE FINANCIAL STABILITY OF

THE EUROPEAN UNION AND THE SAFEGUARDING OF THE FINANCIAL STABILITY OF THE EURO AREA

AS A WHOLE AND FOR THOSE PURPOSES—

(A) HAVING REGARD TO THE PARTICIPATION BY THE STATE IN THE EUROPEAN FINANCIAL STABILITY

FACILITY, TO ENABLE EFFECT TO BE GIVEN TO THE AMENDMENT TO THE EFSF FRAMEWORK AGREEMENT

ENTERED INTO BY CERTAIN MEMBER STATES OF THE EUROPEAN UNION ON THE ONE PART AND THE

EUROPEAN FINANCIAL STABILITY FACILITY ON THE OTHER PART,

(B) TO ENABLE EFFECT TO BE GIVEN, IN SO FAR AS IT RELATES TO THE STATE, TO THE AMENDMENT

TO THE EUR 80 000 000 000 LOAN FACILITY AGREEMENT DONE IN BRUSSELS ON 14 JUNE 2011

AND IN ATHENS ON 10 JUNE 2011,

(C) TO AMEND THE EURO AREA LOAN FACILITY ACT 2010 AND THE EUROPEAN FINANCIAL STABILITY

FACILITY ACT 2010, AND

(D) TO PROVIDE FOR RELATED MATTERS.

[23

rd September

, 2011]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS

ARRANGEMENT OF SECTIONS

Section

1. Amendment of European Financial Stability Facility Act 2010.

2. Amendment of Euro Area Loan Facility Act 2010.

3. Short title.

SCHEDULE 1

Amendment to EFSF Framework Agreement

SCHEDULE 2

Amendment to Loan Facility Agreement of June 2011

SCHEDULE 3

Amendment to Loan Facility Agreement of February 2012

SCHEDULE 4

Amendment to Loan Facility Agreement of December 2012

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