Education and Training Boards Act 2013

PART 9

Amendment of National Development Finance Agency Act 2002

Amendment of National Development Finance Agency Act 2002.

73.— (1) The National Development Finance Agency Act 2002 is amended—

(a) in subsection (1) of section 3 (amended by section 3 of the Act of 2007)—

(i) in paragraph (e) by deleting “and”, where it lastly occurs,

(ii) in paragraph (f) by substituting “public private partnership arrangement,” for “public private partnership arrangement.”, and

(iii) by inserting the following paragraph after paragraph (f):

“(g) to enter into any arrangement or contract to procure as agent for the Minister for Education and Skills any public investment project in relation to a school, educational facility or other building or structure, including the financing, management, design and construction of such building or structure, as that Minister may from time to time designate.”,

(b) in section 3A (inserted by section 4 of the Act of 2007), by substituting the following subsection for subsection (1):

“(1) The Agency shall draw up, and may from time to time revise, a code of conduct that is based on best practices so as to ensure good corporate governance in the performance of the functions of the Agency under paragraphs (e), (f) and (g) of subsection (1) of section 3.”,

(c) in subsection (1) (amended by section 5 of the Act of 2007) of section 4 by substituting “paragraph (e), (f) or (g)” for “paragraph (e) or (f)”, and

(d) in section 26 (amended by section 10 of the Act of 2007)—

(i) in subsection (1) by substituting “costs and expenses” for “expenses”,

(ii) in subsection (2) by substituting “costs and expenses” for “expenses”,

(iii) in paragraph (a) of subsection (3) by substituting “costs and expenses” for “expenses” and by substituting “paragraphs (a), (c), (e), (f) and (g)” for “paragraphs (a), (c), (e) and (f)”, and

(iv) by substituting the following subsection for subsection (4):

“(4) In this section ‘costs and expenses’ includes—

(a) remuneration and allowances for expenses payable under section 12(5) to Board members,

(b) any fee payable or any payment due to a consultant, adviser, contractor, subcontractor, supplier, or other service provider engaged by the Agency under this Act, and

(c) any other costs, charges or expenses incurred by the Agency in the performance of its functions under this Act.”.

(2) In this section “Act of 2007” means the National Development Finance Agency (Amendment) Act 2007 .