National Surplus (Reserve Fund for Exceptional Contingencies) Act 2019



		Number 18 of2019

		NATIONAL SURPLUS (RESERVE FUND FOR EXCEPTIONAL CONTINGENCIES) ACT 2019

		CONTENTS
		Section
		1. Definitions
		2. Establishment of National Surplus (Exceptional Contingencies) Reserve Fund
		3. Maximum amount that may stand to credit of Fund
		4. Management and control of Fund and keeping of accounts
		5. Transfer of assets and certain sums to Fund
		6. Supplemental provision in relation to section 5
		7. Amendment of Act of 2014
		8. Investment of Fund
		9. Criteria for drawdown of Fund
		10. Drawdown of Fund
		11. Expenses
		12. Short title and commencement

		Acts Referred to
		Fiscal Responsibility Act 2012 (No. 39)
		National Treasury Management Agency (Amendment) Act 2014 (No. 23)


		Number 18 of 2019

		NATIONAL SURPLUS (RESERVE FUND FOR EXCEPTIONAL CONTINGENCIES) ACT 2019

		An Act to establish a fund to be known as the National Surplus (Exceptional Contingencies) Reserve Fund for the purpose of the assets and sums hereafter mentioned of the fund being available to be drawn upon only in defined circumstances, being circumstances that involve certain contingencies of an exceptional nature; to provide for the transfer of certain assets and sums to the fund; to provide for the management and control of the fund; to amend the National Treasury Management Agency (Amendment) Act 2014 ; and to provide for related matters.
		[26th June, 2019]
		Be it enacted by the Oireachtas as follows:

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