Central Bank Act, 1997

Amendment of section 3 of International Development Association Act, 1960 .

66.— Section 3 of the International Development Association Act, 1960 , is hereby amended in subsection (7) by the deletion of:

“and may advance to the Minister for Finance any sum or sums required for payments under this section”,

and that subsection, as so amended, is set out in the Table to this section.

TABLE

(7) The Central Bank of Ireland shall act as a depository for the holdings of currency of the State and other assets of the Association.