Irish Bank Resolution Corporation Bill 2013

Public bill · Government · Presented

The Bill would put Irish Bank Resolution Corporation (IBRC) into a special, accelerated liquidation, appointing a special liquidator and stopping most legal proceedings against it. It would let the Minister for Finance direct NAMA to buy or manage IBRC assets, with independent valuations, while protecting key financial transactions and ensuring deposit-guarantee arrangements continue. Its aim was to wind up IBRC, reduce the State’s exposure to it, support the State’s finances and help restore normal access to international borrowing markets.

Formal long title

Bill entitled an Act to provide for the winding up of IBRC and to provide for connected matters

Last updated 12 April 2018