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Appropriation Act 2014
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Repayable advances from the Central Fund

3. (1) The Minister for Finance may, following a request from the Minister for Public Expenditure and Reform, and for the purpose of maintaining a sufficient amount of moneys in the Paymaster General’s Supply Account, having regard to the sums payable from that Account, put in place funding arrangements to facilitate electronic funds transfers where payments to discharge a liability are due on 1 and 2 January 2015.

(2) Amounts required by the Minister for Finance under subsection (1), which in aggregate shall not exceed €250 million, shall be advanced out of the Central Fund or the growing produce thereof.

(3) Any sums so advanced shall be repaid from the Paymaster General’s Supply Account to the Central Fund in January 2015.