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Bretton Woods Agreements (Amendment) Act, 1977
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Provision for certain payments.

5.—(1) Any payment required to be made in respect of gold sold by the Fund under Section 12 of Article V of the Fund Agreement or under Schedule B of that Agreement shall be made by the Central Bank of Ireland on behalf of the Government, and the property in any gold received in respect of such a payment shall be vested in that Bank.

(2) Any payment required to be made under Section 4 of Article VIII of the Fund Agreement in respect of the purchase of currency of the State shall be made by the Central Bank of Ireland on behalf of the Government.