Finance (State Guarantees, International Financial Institution Funds and Miscellaneous Provisions) Act 2024
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Guarantee Agreement may be entered into by State | ||
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13. (1) The State may enter into the Guarantee Agreement. | ||
(2) For the purpose of subsection (1), the Minister— | ||
(a) may execute the Guarantee Agreement and enter into the commitments provided under that agreement, and | ||
(b) shall have all such powers as may be required to do anything necessary or expedient to be done for the purposes of the performance by the State of its obligations under the Guarantee Agreement. | ||
(3) Subject to subsection (4), the State may agree to an amendment being made to the Guarantee Agreement. | ||
(4) Where any amendment is proposed to be made to the Guarantee Agreement, a draft of the proposed agreement providing for the amendment and containing the text of the amendment shall be laid by the Minister before Dáil Éireann and the amendment shall not be made unless and until a resolution approving the amendment has been passed by that House. | ||
(5) Any amendment made to the Guarantee Agreement in accordance with subsections (3) and (4) shall be published in Iris Oifigiúil by or on behalf of the Minister. | ||
(6) A reference in this section or section 14 , 15 or 16 to the Guarantee Agreement shall, where the context so admits, include a reference to that agreement as amended in accordance with subsections (3) and (4). |