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Collins v Minister for Finance

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236:"The opinion formed by the Minister after consultation with the Governor and the Regulatory Authority, and necessarily endorsed by the Oireachtas, is threefold, and requires three related opinions in ascending order of seriousness: first, that there is a serious threat to the stability of credit institutions in the State generally, or that there would be such a threat if the functions under the Act were not performed; second, that the performance of those statutory functions is necessary for maintaining the stability of the financial system in the State; and third, that the performance of those functions is necessary to remedy a serious disturbance in the economy of the State. Significantly, under s. 2(2) it is envisaged that the Minister may continue to consult with Governor and Regulatory Authority in the continuing performance of the functions under this Act." 223:
decision. However, the Court agreed that the sole entity who can create law under the Irish Constitution is the House of the Oireachtas. The court's summary of the delegation of power in financial matters is that the Constitution provides something of a "double lock on expenditure". According to Article 17.2 of the Constitution, "Dáil Éireann shall not pass any vote or resolution, and no law shall be enacted, for the appropriation of revenue or other public moneys unless ... recommended to Dáil Éireann by a message from the Government signed by the Taoiseach" However, under Article 11 of the Constitution, the Government cannot expend
31: 343: 241:
actually involved here was vast, and the impact on the State's finances significant. The legislation is therefore in every sense exceptional." As the court noted, "it was a permissible constitutional response to an exceptional situation. It cannot therefore be considered to be a template for broader Ministerial power on other occasions".
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The court found that the 2008 Act was "undoubtedly law", but did not provide for the issuance of promissory notes - this power was delegated to the Minister. The question for the court then was whether this delegation of power was impermissible and unconstitutional. The court found that the 2008 Act
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In the case of the promissory notes, the Court found that the Credit Institutions (Financial Support) Act 2008 was not an unconstitutional delegation of power to the Government under the 2008 Act. This was particularly the case regarding the extreme circumstances then facing the State; "he amount
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The case was heard before a six judge panel, each of whom contributed to the written judgement. The court noted that "There is no doubt but that the constitutional provisions under consideration in this case are of the highest importance." It then went on to agree with the High Court's previous
159:, 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 227:
for purposes that are not authorised by the law. Thus, neither the Government, the Dail or the Oireachtas can validly authorise the expenditure of public monies without the approval of the other branch. This is a constitutional model.
268: 366: 214:, there were several articles set out that Ms. Collins asserted where breached when she brought forward her appeal, which were Article 11, Article 17, and Article 28. 191:
proceedings, asserting that this was subject to section 6 of the 2008 Act, which was above the power of the Minister for Finance, and it was unconstitutional for the
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provided sufficient limitations on the Minister's ability to make financial decisions as constitutionally valid. This was contained in the following statement:
195:(Irish parliament) to approve this expenditure for the Minister. Ms. Collins argued that this issue of promissory notes should have been subject to a 507: 204: 172: 156: 536: 269:"Collins v Minister for Finance: €31 billion promissory note was a permissible constitutional response to an exceptional situation" 541: 175:, the Minister for Finance issued promissory notes to the value of EUR 30 billion to two financial institutions. These were the 108:
The Appeal of Joan Collins, TD to the legality of the Minister for Finance giving promissory notes to financial institutions
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vote. When this case was brought before the High Court, one of the issues that arose for Ms. Collins was her lack of
180: 183:(IBRC). Under the terms of this deal, this imposed a repayment liability of EUR 3 billion per year on the state. 160: 148: 318:"Collins -v- Minister for Finance, Ireland and the Attorney General [2016] IESC 73 (16 December 2016)" 317: 140: 531: 526: 184: 144: 46: 430: 211: 118: 35: 455: 491: 480: 8: 376: 196: 163:. This was a case in which "the matters described" were of "national importance." 371: 188: 152: 200: 520: 380: 124: 30: 203:, (legal standing) as she was only elected in 2011, after 2008, when the 192: 176: 207:
was passed and after 2010, when the promissory notes had been issued.
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Denham C.J., O’Donnell, McKechnie, Clarke, Dunne and Charleton JJ.
344:"THE OIREACHTAS AND THE EUROCRISIS: EMPOWERMENT THROUGH CRISIS" 367:"Joan Collins loses Supreme Court appeal on promissory notes" 224: 166: 431:"Credit Institutions (Financial Support) Act 2008" 155:(promises to pay money at a later date) under the 518: 205:Credit Institutions (Financial Support) Act 2008 173:Credit Institutions (Financial Support) Act 2008 157:Credit Institutions (Financial Support) Act 2008 408:Feldman, Estelle (2016). "Constitutional Law". 217: 460:McGarr Solicitors - Dublin Solicitors Ireland 122: 29: 364: 407: 519: 341: 312: 310: 167:Background (and High Court challenge) 481:Article 17.2 Constitution of Ireland 425: 423: 416:(1): 111–205 – via Westlaw.ie. 403: 401: 399: 397: 308: 306: 304: 302: 300: 298: 296: 294: 292: 290: 263: 261: 259: 257: 151:did not breach his power in issuing 64:IESC 73; 1 I.L.R.M. 65; 3 I.R. 99 13: 492:Article 11 Constitution of Ireland 14: 553: 500: 420: 394: 287: 254: 181:Irish Bank Resolution Corporation 244:The court dismissed the appeal. 171:In 2011, under section 6 of the 537:2017 in the Republic of Ireland 542:Supreme Court of Ireland cases 508:Collins v Minister for Finance 485: 474: 448: 358: 335: 137:Collins v Minister for Finance 24:Collins v Minister for Finance 1: 247: 141:IESC 73; 1 ILRM 65; 3 IR 99 365:Carolan, Mary; Keena, Colm. 354:: 67–89 – via Westlaw. 218:Holding of the Supreme Court 177:Educational Building Society 7: 10: 558: 410:Annual Review of Irish Law 187:, TD (the appellant) took 161:Ireland's financial crisis 117: 112: 107: 102: 94: 89: 81: 73: 68: 60: 52: 42: 28: 23: 342:Coutts, Stephen (2018). 47:Supreme Court of Ireland 16:Irish Supreme Court case 143:, is case in which the 119:Constitution of Ireland 36:Coat of arms of Ireland 238: 123: 234: 149:Minister for Finance 145:Irish Supreme Court 129:, Ministerial power 462:. 28 December 2007 456:"Locus Standi (2)" 435:Irish Statute Book 275:. 17 December 2016 212:Irish Constitution 532:2017 in Irish law 133: 132: 121:, State finance, 549: 527:2017 in case law 494: 489: 483: 478: 472: 471: 469: 467: 452: 446: 445: 443: 441: 427: 418: 417: 405: 392: 391: 389: 387: 362: 356: 355: 348:The Irish Jurist 339: 333: 332: 330: 328: 314: 285: 284: 282: 280: 265: 153:promissory notes 128: 90:Court membership 56:16 December 2016 33: 21: 20: 557: 556: 552: 551: 550: 548: 547: 546: 517: 516: 514: 503: 498: 497: 490: 486: 479: 475: 465: 463: 454: 453: 449: 439: 437: 429: 428: 421: 406: 395: 385: 383: 372:The Irish Times 363: 359: 340: 336: 326: 324: 316: 315: 288: 278: 276: 267: 266: 255: 250: 220: 189:judicial review 179:(EBS), and the 169: 38: 17: 12: 11: 5: 555: 545: 544: 539: 534: 529: 512: 511: 502: 501:External links 499: 496: 495: 484: 473: 447: 419: 393: 357: 334: 286: 252: 251: 249: 246: 219: 216: 168: 165: 147:held that the 131: 130: 115: 114: 110: 109: 105: 104: 100: 99: 96: 95:Judges sitting 92: 91: 87: 86: 83: 79: 78: 75: 71: 70: 66: 65: 62: 58: 57: 54: 50: 49: 44: 40: 39: 34: 26: 25: 15: 9: 6: 4: 3: 2: 554: 543: 540: 538: 535: 533: 530: 528: 525: 524: 522: 515: 510: 509: 505: 504: 493: 488: 482: 477: 461: 457: 451: 436: 432: 426: 424: 415: 411: 404: 402: 400: 398: 382: 378: 374: 373: 368: 361: 353: 349: 345: 338: 323: 319: 313: 311: 309: 307: 305: 303: 301: 299: 297: 295: 293: 291: 274: 270: 264: 262: 260: 258: 253: 245: 242: 237: 233: 229: 226: 215: 213: 208: 206: 202: 198: 194: 190: 186: 182: 178: 174: 164: 162: 158: 154: 150: 146: 142: 139: 138: 127: 126: 120: 116: 111: 106: 103:Case opinions 101: 97: 93: 88: 85:Supreme Court 84: 80: 76: 74:Appealed from 72: 67: 63: 59: 55: 51: 48: 45: 41: 37: 32: 27: 22: 19: 513: 506: 487: 476: 464:. Retrieved 459: 450: 438:. Retrieved 434: 413: 409: 384:. Retrieved 370: 360: 351: 347: 337: 325:. Retrieved 321: 277:. Retrieved 272: 243: 239: 235: 230: 221: 209: 201:locus standi 197:Dáil Éireann 185:Joan Collins 170: 136: 135: 134: 125:Locus standi 69:Case history 18: 466:23 December 440:23 December 386:23 December 327:23 December 279:23 December 210:Within the 82:Appealed to 521:Categories 375:. Dublin. 273:SCOIRLBLOG 248:References 193:Oireachtas 77:High Court 381:0791-5144 113:Keywords 61:Citation 53:Decided 379:  322:BAILII 225:monies 43:Court 468:2019 442:2019 388:2019 377:ISSN 329:2019 281:2019 523:: 458:. 433:. 422:^ 412:. 396:^ 369:. 352:60 350:. 346:. 320:. 289:^ 271:. 256:^ 470:. 444:. 414:1 390:. 331:. 283:.

Index


Coat of arms of Ireland
Supreme Court of Ireland
Constitution of Ireland
Locus standi
IESC 73; 1 ILRM 65; 3 IR 99
Irish Supreme Court
Minister for Finance
promissory notes
Credit Institutions (Financial Support) Act 2008
Ireland's financial crisis
Credit Institutions (Financial Support) Act 2008
Educational Building Society
Irish Bank Resolution Corporation
Joan Collins
judicial review
Oireachtas
Dáil Éireann
locus standi
Credit Institutions (Financial Support) Act 2008
Irish Constitution
monies




"Collins v Minister for Finance: €31 billion promissory note was a permissible constitutional response to an exceptional situation"


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