Carbon Fund Act 2007

Payments into Carbon Fund.

3.— (1) The Minister for Finance may, for the purpose of section 2 , advance moneys to the Carbon Fund from the Central Fund.

(2) Subject to sections 8 and 9 , the function of the Minister for Finance under subsection (1) is delegated to the Agency.

(3) The Minister may, with the consent of the Minister for Finance, having regard to the obligations of the State under the Convention and the Kyoto Protocol, pay into the Carbon Fund in the financial year 2006 and each subsequent financial year, out of moneys provided by the Oireachtas, such amounts as he or she determines.

(4) Any advances from the Central Fund to the Carbon Fund under subsection (1) shall, as soon as practicable, be reimbursed by payments through the Carbon Fund under subsection (3).