Central Bank Act, 1989.
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Offices and staff of Bank. |
15.—(1) The Bank may purchase, take on lease, build or otherwise acquire and may equip and maintain such offices and other premises in such places as it considers necessary for the due performance of its functions under this Act and may sell or let any such premises which it considers to be no longer necessary for that purpose. | |
(2) The Bank shall appoint a secretary and such other officers and servants as the Bank shall from time to time consider necessary for the due performance of its functions under this Act and every secretary, officer, and servant so appointed shall hold office upon such terms and subject to such conditions as the Bank shall determine. | ||
(3) (a) Subject to the provisions of paragraph (b), every appointment under subsection (2) of an officer or servant of the Bank shall be made by competition (including a qualifying or competitive test in Irish) to be conducted according to regulations to be made by the Board and the Board may, in relation to any such competition, impose such conditions of entry, limitations, and safeguards as it thinks proper. | ||
(b) Paragraph (a) shall not apply to appointment to a position in respect of which appointment by competition is, in the opinion of the Board, unsuitable. | ||
(4) There shall be paid to the secretary and the other officers and servants of the Bank such salaries and remuneration as the Bank may determine. | ||
(5) (a) The Bank may, with the approval of the Minister make such further scheme or schemes for granting pensions, allowances and gratuities on retirement or death to or in respect of such of its officers and servants as it thinks proper and may, out of funds available under the Central Bank Acts, 1942 to 1989, for defrayal of the expenses of the Bank, pay in respect of such persons on retirement or death the pensions, allowances or gratuities in accordance with the relevant scheme and the Minister may determine the said funds to be public funds for the purposes of the Superannuation Act, 1892 . | ||
(b) The Bank may from time to time, with the approval of the Minister, make a scheme amending a scheme under paragraph (a). | ||
(c) Without prejudice to the generality of the foregoing, a scheme under this subsection may provide for the granting of superannuation benefits (including pensions, allowances and gratuities) to widows and children of officers and servants of the Bank and for the payment of contributions in respect of such benefits by the officers and servants to whom the scheme applies. | ||
(6) Every scheme made under subsection (4) of section 31 of the Currency Act, 1927 , shall, to the extent that it is still in force immediately before the coming into operation of this section, continue in force as if that subsection had not been repealed by this Act. | ||
(7) Subsection (2) of section 54 of the Act of 1971 is hereby amended by the insertion of “(as continued in force by virtue of section 15 (6) of the Central Bank Act, 1989)” after “the Act of 1927” and the said subsection, as so amended, is set out in the Table to this section. | ||
(8) Every scheme made by the Bank under subsection (5) shall be laid before each House of the Oireachtas as soon as may be after it is made and if either such House, within the next subsequent 21 days on which it has sat after such scheme is laid before it, passes a resolution annulling such scheme, such scheme shall be annulled accordingly, but without prejudice to the validity of anything previously done thereunder. | ||
TABLE | ||
(2) The Bank may from time to time, with the approval of the Minister, make a scheme amending a scheme under section 31 (4) of the Act of 1927 (as continued in force by virtue of section 15 (6) of the Central Bank Act, 1989) or section 33 (1) (c) of the Act of 1942 or a scheme under this subsection and a scheme under this subsection may, without prejudice to the generality of the foregoing, provide for the granting of superannuation benefits (including pensions, allowances and gratuities) to widows and children of persons to whom those schemes apply and for the payment of contributions in respect of such benefits by the persons to whom those schemes apply. |