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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 1995 - onwards
  Version 3 of 3    

62. Eligible deposits.

Repealed from 1 July 1995

(1) In this Chapter "eligible deposits", in relation to every person maintaining deposits (including deposits on current accounts) with the holder or former holder of a licence which is being wound up, means the amount of the total liability of the holder or former holder remaining due to every such person in respect of - (a) deposits denominated in Irish pounds, and (b) any deposits denominated otherwise than in Irish pounds as may be specified (either generally or in particular) by regulations under section 72(2), at offices in the State of the holder or former holder, together with any interest or other premium accrued thereon up to and including the day of the commencement of the winding up but does not include - (i) any amount to which subsection (2) relates, (ii) any deposit maintained by an excluded depositor, (iii) any deposit which relates to moneys due to the Bank, (iv) interbank deposits, (v) deposits represented by negotiable certificates of deposi

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