National Surplus (Reserve Fund for Exceptional Contingencies) Act 2019
|
Supplemental provision in relation to section 5 | ||
|
6. (1) Dáil Éireann may, on a proposal by the Minister brought before that House no earlier than the first day of November of a particular year referred in section 5 (2), pass a resolution authorising the Minister not to pay the prescribed amount into the Fund in that year. | ||
(2) Where such a resolution is passed by Dáil Éireann, then the Minister shall not pay the prescribed amount into the Fund in the year concerned. | ||
(3) The Minister shall not make the proposal referred to in subsection (1) unless the Minister is satisfied on reasonable grounds that, by reason of the existence of exceptional circumstances, the making of the payment of the prescribed amount into the Fund would place an undue burden on the public finances. |