Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Act 2009

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Number 7 of 2009

INVESTMENT OF THE NATIONAL PENSIONS RESERVE FUND AND MISCELLANEOUS PROVISIONS ACT 2009

ARRANGEMENT OF SECTIONS

Section

1. Definition.

2. Amendment of section 2 (interpretation) of Principal Act.

3. Amendment of section 6 (functions of Commission) of Principal Act.

4. Amendment of section 15 (Commission shall not control company) of Principal Act.

5. Disapplication of certain requirements of competition law, etc., in certain circumstances.

6. Amendment of section 18 (establishment of National Pensions Reserve Fund) of Principal Act.

7. Amendment of section 19 of Principal Act (investment policy for Fund).

8. Directions about investments, etc.

9. Amendment of the Taxes Consolidation Act 1997.

10. Amendment of European Communities (Markets in Financial Instruments) Regulations 2007.

11. Amendment of the Securitisation (Proceeds of Certain Mortgages) Act 1995.

12. Amendment of the Markets in Financial Instruments and Miscellaneous Provisions Act 2007.

13. Short title and commencement.

Acts Referred to

Number 7 of 2009

INVESTMENT OF THE NATIONAL PENSIONS RESERVE FUND AND MISCELLANEOUS PROVISIONS ACT 2009

AN ACT TO AMEND THE NATIONAL PENSIONS RESERVE FUND ACT 2000 IN RELATION TO CERTAIN INVESTMENTS IN THE PUBLIC INTEREST; TO AMEND THE TAXES CONSOLIDATION ACT 1997 IN RELATION TO THE TAXATION OF SUCH INVESTMENTS; TO AMEND THE SECURITISATION (PROCEEDS OF CERTAIN MORTGAGES) ACT 1995 TO FACILITATE THE WINDING-UP OF A BODY ESTABLISHED UNDER THAT ACT; TO AMEND THE MARKETS IN FINANCIAL INSTRUMENTS AND MISCELLANEOUS PROVISIONS ACT 2007 TO PROVIDE FOR GREATER TRANSPARENCY IN RELATION TO CERTAIN KINDS OF TRADING IN FINANCIAL INSTRUMENTS; AND TO PROVIDE FOR CONNECTED MATTERS.

[5th March, 2009]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: