Collins V Minister For Finance
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Collins V Minister For Finance
''Collins v Minister for Finance'IESC 73; 0171 ILRM 65; 0173 IR 99], is case in which the Supreme Court of Ireland, Irish Supreme Court held that the Minister for Finance did not breach his power in issuing promissory notes (promises to pay money at a later date) under the Credit Institutions (Financial Support) Act 2008, which was found to be constitutional. Collins's appeal was dismissed by the Supreme Court, which concluded that, "a Minister for Finance can spend any amount of money they deem necessary in an emergency without going back to the Dáil". The case thus legalised emergency measure to deal with Ireland's financial crisis. This was a case in which "the matters described" were of "national importance." Background (and High Court challenge) In 2011, under section 6 of the Credit Institutions (Financial Support) Act 2008, the Minister for Finance issued promissory notes to the value of EUR 30 billion to two financial institutions. These were the Educational Buildin ...
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Supreme Court Of Ireland
The Supreme Court of Ireland () is the highest judicial authority in Republic of Ireland, Ireland. It is a court of final appeal and exercises, in conjunction with the Court of Appeal (Ireland), Court of Appeal and the High Court (Ireland), High Court, judicial review over Law of the Republic of Ireland, Acts of the Oireachtas (Irish parliament). The Supreme Court also has appellate jurisdiction to ensure compliance with the Constitution of Ireland by governmental bodies and private citizens. It sits in the Four Courts in Dublin. Establishment The Supreme Court was formally established on 29 September 1961 under the terms of the 1937 Constitution of Ireland. Prior to 1961, a transitory provision of the 1937 Constitution permitted the Supreme Court of the Irish Free State to continue, though the justices were required to take the new oath of office prescribed by the 1937 Constitution. The latter court was established by the Courts of Justice Act 1924 under the terms of the 1922 C ...
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Joan Collins (politician)
Joan Collins (born 4 June 1961) is an Irish Right to Change politician who was a Teachta Dála (TD) for the Dublin South-Central (Dáil constituency), Dublin South-Central constituency from 2011 Irish general election, 2011 to 2024 Irish general election, 2024. Dublin City Council A post office clerk by profession, Collins was elected to Dublin City Council at the 2004 Irish local elections, 2004 local elections for the Crumlin, Dublin, Crumlin-Kimmage local electoral area. She was involved in the Anti-Bin Tax Campaign. She is a former member of the Socialist Party (Ireland), Socialist Party, having left along with her partner, the former secretary of the party, due to a dispute with the party leadership. Her Community and Workers Action Group joined People Before Profit in 2007, and Collins was re-elected as a local councillor under their banner in 2009. During her tenure as a Councillor, she remained employed as a post office clerk. As a councillor, Collins came to prominenc ...
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2017 In Irish Law
Seventeen or 17 may refer to: *17 (number) * One of the years 17 BC, AD 17, 1917, 2017, 2117 Science * Chlorine, a halogen in the periodic table * 17 Thetis, an asteroid in the asteroid belt Literature Magazines * ''Seventeen'' (American magazine), an American magazine * ''Seventeen'' (Japanese magazine), a Japanese magazine Novels * ''Seventeen'' (Tarkington novel), a 1916 novel by Booth Tarkington *''Seventeen'' (''Sebuntiin''), a 1961 novel by Kenzaburō Ōe *'' Seventeen'' (''Kuraimāzu hai''), a 2003 novel by Hideo Yokoyama * ''Seventeen'' (Serafin novel), a 2004 novel by Shan Serafin Stage and screen Film * ''Seventeen'' (1916 film), an American silent comedy film *''Number Seventeen'', a 1932 film directed by Alfred Hitchcock * ''Seventeen'' (1940 film), an American comedy film *''Stalag 17'', an American war film *''Eric Soya's '17''' (Danish: ''Sytten''), a 1965 Danish comedy film * ''Seventeen'' (1985 film), a documentary film * ''17 Again'', a 2009 film whose wor ...
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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ...
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Standing (law)
In law, standing or ''locus standi'' is a condition that a party seeking a legal remedy must show they have, by demonstrating to the court, sufficient connection to and harm from the law or action challenged to support that party's participation in the case. A party has standing in the following situations: * The party is directly subject to an adverse effect by the statute or action in question, and the harm suffered will continue unless the court grants relief in the form of damages or a finding that the law either does not apply to the party or that the law is void or can be nullified. In informal terms, a party must have something to lose. The party has standing because they will be directly harmed by the conditions for which they are asking the court for relief. * The party is not directly harmed by the conditions for which they are petitioning the court for relief but asks for it because the harm involved has some reasonable relation to their situation, and the continued exi ...
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Dáil Éireann
Dáil Éireann ( ; , ) is the lower house and principal chamber of the Oireachtas, which also includes the president of Ireland and a senate called Seanad Éireann.Article 15.1.2° of the Constitution of Ireland reads: "The Oireachtas shall consist of the President and two Houses, viz.: a House of Representatives to be called Dáil Éireann and a Senate to be called Seanad Éireann." It consists of 174 members, each known as a (plural , commonly abbreviated as TDs). TDs represent 43 Dáil constituencies, constituencies and are directly elected for terms not exceeding five years, on the system of proportional representation using the single transferable vote (PR-STV). Its powers are similar to those of lower houses under many other bicameralism, bicameral parliamentary systems and it is by far the dominant branch of the Oireachtas. Subject to the limits imposed by the Constitution of Ireland, it has the power to pass any law it wishes, and to nominate and remove the Taoiseach (h ...
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Oireachtas
The Oireachtas ( ; ), sometimes referred to as Oireachtas Éireann, is the Bicameralism, bicameral parliament of Republic of Ireland, Ireland. The Oireachtas consists of the president of Ireland and the two houses of the Oireachtas (): a house of representatives called Dáil Éireann and a senate called Seanad Éireann. The houses of the Oireachtas sit in Leinster House in Dublin, an eighteenth-century Duke, ducal palace. The directly elected Dáil is the more powerful of the houses of the Oireachtas. Etymology The word comes from the Irish language, Irish word / ("deliberative assembly of freemen; assembled freemen; assembly, gathering; patrimony, territory"), ultimately from the word ("freeman"). Its first recorded use as the name of a legislative body was within the Irish Free State. Composition Dáil Éireann is directly elected under universal suffrage of all Irish citizens who are residents and at least eighteen years old; non-Irish citizens may be enfranchised by law ...
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Judicial Review
Judicial review is a process under which a government's executive, legislative, or administrative actions are subject to review by the judiciary. In a judicial review, a court may invalidate laws, acts, or governmental actions that are incompatible with a higher authority. For example, an executive decision may be invalidated for being unlawful, or a statute may be invalidated for violating the terms of a constitution. Judicial review is one of the checks and balances in the separation of powers—the power of the judiciary to supervise (judicial supervision) the legislative and executive branches when the latter exceed their authority. The doctrine varies between jurisdictions, so the procedure and scope of judicial review may differ between and within countries. The judiciary in United States has been described as having unusually strong powers of judicial review from a comparative perspective. General principles Judicial review can be understood in the context o ...
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Irish Bank Resolution Corporation
The Irish Bank Resolution Corporation (IBRC) was the name given to the entity formed in 2011 by the court-mandated merger of the state-owned banking institutions Anglo Irish Bank and Irish Nationwide Building Society. Following a High Court order on the application of the Minister for Finance, Michael Noonan, the Irish government drove through overnight legislation to liquidate the IBRC in February 2013, with the emergency action required given a leaking of plans in the press. History Irish Nationwide Building Society (INBS) had been effectively nationalised in August 2010, after receiving a €5.4bn government bailout., while Anglo Irish Bank had been taken into state ownership in January 2009. The two institutions had been widely criticised for their role in the risky lending practices that led to the Irish banking crisis. The removal of both failed banks from the Irish banking system was a key objective for the new Fine Gael-led government. Michael Noonan, the Ministe ...
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EBS D
EBS may refer to: Broadcasting * EBS TV (Ethiopia) * Educational Broadband Service, US TV service * Educational Broadcasting System, a South Korean mass media production company founded in 2011 * Emergency Broadcast System, former US Warning system * Europe by Satellite, the EU TV information service * Edo Broadcasting Service, Government-owned broadcasting corporation Computing * Amazon Elastic Block Store, a cloud storage system * Erase Block Summary of the JFFS2 filesystem * Oracle E-Business Suite Education * EBS University of Business and Law, in Wiesbaden, Germany * Edinburgh Business School, of Heriot-Watt University * El Nasr Boys' School, Alexandria, Egypt * Estonian Business School, in Tallinn, Estonia * European Business School (other) * East Barnet School, Academy in East Barnet, London Finance and commerce * E-Billing Solutions, an Indian company, now part of Ingenico * EBS d.a.c., a financial institution in Ireland * Electronic Broking Services, ...
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