EURO AREA LOAN FACILITY (AMENDMENT) ACT 2012
AN ACT TO FURTHER FACILITATE, IN THE PUBLICINTEREST, THE FINANCIAL STABILITY OF THEEUROPEAN UNION AND THE SAFEGUARDING OFTHE FINANCIAL STABILITY OF THE EURO AREA ASA WHOLE AND FOR THOSE PURPOSES
, 2012](A) TO ENABLE EFFECT TO BE GIVEN, IN SO FARAS IT RELATES TO THE STATE, TO THEAMENDMENT TO THE EUR 80 000 000 000 LOANFACILITY AGREEMENT DONE IN BRUSSELSON 27 FEBRUARY 2012 AND IN ATHENS ON24 FEBRUARY 2012,(B) TO AMEND THE EURO AREA LOAN FACILITYACT 2010 AND THE EUROPEAN FINANCIALSTABILITY FACILITY AND EURO AREA LOANFACILITY (AMENDMENT) ACT 2011, AND(C) TO PROVIDE FOR RELATED MATTERS.BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:
In this Act
Act of 2011
means the European Financial Stab-ility Facility and Euro Area Loan Facility (Amendment) Act 2011.
Section 2 of the Act of 2011 is amended
) by substituting the following for subsection (1):
(1) The references to the Loan Facility Agreement inthe Euro Area Loan Facility Act 2010 include
) the Amendment to the Loan Facility Agree-ment of June 2011, and(
) the Amendment to the Loan Facility Agree-ment of February 2012,and that Act shall be construed accordingly.
Definition.Amendment of section 2 of Act of 2011.