Rubbish

It is not usual to have a very clear piece of balderdash in an Act.

Here is one in the Credit Institutions (Stabilisation) Act 2010.

Section 4 of the Act recites the purposes of the Act, including:

(c) to continue the process of reorganisation, preservation and restoration of the financial position of Anglo Irish Bank Corporation Limited begun with the Anglo Irish Bank Corporation Act 2009

Anglo Irish Bank no longer exists. It is now called Irish Bank Resolution Corporation Ltd. and it will never be “restored” to its “financial position” or any other position.

 

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