Grangegorman Development Agency Act 2005

Gifts.

32.—(1) The Agency may accept gifts of money, land or other property upon such trusts, terms or conditions, if any, as may be specified by the donor.

(2) The Agency shall not accept a gift if the trusts, terms or conditions attached to it would be inconsistent with or prejudice the effective performance of the functions of the Agency.

(3) Particulars in relation to any gift accepted under this section shall be included in the annual report under section 36 .

(4) In subsection (3) “particulars” includes—

(a) the name of the donor of the gift,

(b) a description of the gift, and

(c) particulars of any condition attached to a gift.

(5) The Agency shall include details of any gift that exceeds, in its opinion, such amount as may be directed by the Minister, with the consent of the Minister for Finance, in the report under section 36 for the year in which the gift is accepted.