Local Government (Mayor of Limerick) and Miscellaneous Provisions Act 2024
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Amendment of section 42B of National Treasury Management Agency (Amendment) Act 2014 | ||
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67. Section 42B of the National Treasury Management Agency (Amendment) Act 2014 is amended— | ||
(a) in subsection (1)— | ||
(i) by the substitution of “the Land Development Agency Act 2021 , and with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform,” for “the Land Development Agency Act 2021 ,”, | ||
(ii) in paragraph (c), by the substitution of “under paragraph (a),” for “under paragraph (a), or”, | ||
(iii) in paragraph (d), by the substitution of “ Land Development Agency Act 2021 , or” for “ Land Development Agency Act 2021 .”, and | ||
(iv) by the insertion of the following paragraph after paragraph (d): | ||
“(e) pay money to the Land Development Agency or any subsidiary DAC from the proceeds of the disposal of a directed investment for the purposes of discharging the liability of the Minister in respect of the shares allotted and issued to the Minister for Housing, Local Government and Heritage and the Minister for Public Expenditure, National Development Plan Delivery and Reform under section 25 of the Land Development Agency Act 2021 .”, | ||
and | ||
(b) by the insertion of the following subsection after subsection (3): | ||
“(3A) The total amount paid under subsection (1)(e) shall not at any time exceed €1,250,000,000.”. |