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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 July 2022 - onwards
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5. Definition of public credit.

(1) For the purposes of this Act, public credit is any kind of financial obligation in respect of money borrowed or raised, where the person who has the obligation is any one of the following:

(a) central governments, central banks, public sector entities, regional governments or local authorities in the State or in any other EEA country,

(b) central governments and central banks in Australia, Canada, Japan, New Zealand, the Swiss Confederation, the United States of America or a country specified in an order made under subsection (3),

(c) public sector entities, regional governments and local authorities in Australia, Canada, Japan, New Zealand, the Swiss Confederation, the United States of America or a country specified in an order made under subsection (3),

(d)

(i) a multilateral development bank referred to in Article 117 of Regulation (EU) No 575/2013, or

(ii) an international organisation referred to in Article 118 of Regulation (EU) No 575/2013,

(e) central governments, central b

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