Finance (Provision of Access to Cash Infrastructure) Act 2025
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Expenses | ||
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3. (1) The expenses incurred by the Minister in the administration of this Act shall, to such extent as may be sanctioned by the Minister for Public Expenditure, National Development Plan Delivery and Reform, be paid out of moneys provided by the Oireachtas. | ||
(2) The Bank shall not provide any funds from its own resources, other than from— | ||
(a) those resources arising to it from— | ||
(i) any levies prescribed under section 40 , | ||
(ii) any fees prescribed under section 41 , or | ||
(iii) any levies prescribed by the Central Bank Commission under section 32D of the Act of 1942, | ||
as the case may be, in respect of the performance of its functions under this Act, and | ||
(b) those resources provided to it under subsection (3), to defray expenses of the Bank incurred by it in the performance of its functions under this Act. | ||
(3) The Minister shall, at the request in writing of the Bank, advance to the Bank such sums as the Minister thinks proper to enable the Bank to defray such of the expenses of the Bank, arising in the year concerned, associated with the performance of its functions under this Act where, in any year, the Bank reasonably believes that it will be unable to defray those expenses by way of any levies or fees referred to in subsection (2)(a). | ||
(4) All moneys from time to time required by the Minister to meet sums which may become payable by the Minister under this section shall be advanced out of the Central Fund or the growing produce thereof. |