Residential Institutions Redress Act, 2002

Special account.

23.—(1) There shall be set up on the establishment day a special account, to be funded from—

(a) moneys provided by the Oireachtas, and

(b) moneys provided in accordance with subsection (5).

(2) Moneys provided in accordance with—

(a) subsection (1)(a) shall be used to pay awards made by the Board (including awards reviewed by the Review Committee), and the costs of the Board in administering this Act, and

(b) subsection (1)(b) shall be used to pay awards made by the Board including awards reviewed by the Review Committee.

(3) Subject to subsection (4), the moneys in the special account may be used at any time but shall only be used for the purposes for which they were voted (and contributed for under subsection (5)) and shall be issued out of that account only by direction of the Minister for Finance.

(4) Any moneys, including interest (if any), in the special account may be paid into, or disposed for the benefit of, the Exchequer in accordance with the directions of the Minister for Finance.

(5) A person, with the consent of the Minister and the Minister for Finance, may make a contribution to awards and shall pay the amount to be contributed to the Minister for Finance.

(6) The Minister for Finance shall pay a contribution referred to in subsection (5) into the special account established under this section.

(7) In this section “special account”, unless the context otherwise requires, means an account for the purposes of this Act in the joint names of the Minister and the Minister for Finance, which account shall—

(a) be an account with the Paymaster General,

(b) be subject to such terms and conditions as the Minister for Finance in consultation with the Minister, may determine, and

(c) be subject to audit by the Comptroller and Auditor General.