European Stability Mechanism Act 2012

Reports by Minister to Dáil Éireann.

8.— (1) In respect of each reporting period the Minister shall, as soon as practicable after the end of the period, cause a report to be laid before Dáil Éireann that includes the following information:

(a) the aggregate value of contributions made by the State to the authorised capital stock of the ESM under section 2 during the reporting period,

(b) the aggregate amount of moneys (including dividends) received by the State, to which section 4 relates, during the reporting period,

(c) the aggregate value of contributions made by the State to the authorised capital stock of the ESM under section 2 up to the end of the reporting period, and

(d) the aggregate amount of all moneys (including dividends) received by the State, to which section 4 relates, up to the end of the reporting period.

(2) In subsection (1) “reporting period” means—

(a) each of the following periods—

(i) the period from the passing of this Act to 31 December 2012,

(ii) the period in any year after 2012 from 1 January to 30 June,

(iii) the period in any year after 2012 from 1 July to 31 December,

or

(b) within each period to which paragraph (a) relates, such shorter periods as the Minister may from time to time consider appropriate in the circumstances.