|
|
|
Subsidiaries, partnerships and other matters
|
| |
8. (1) Children’s Health Ireland may, with the approval of the Minister given with the consent of the Minister for Public Expenditure and Reform, for the purposes of—
|
|
| |
(a) managing relationships with multiple academic partners,
|
|
| |
(b) pursuing philanthropic activities,
|
|
| |
(c) pursuing fund raising activities, and
|
|
| |
(d) such other purposes, relating to the functions of Children’s Health Ireland, as the Minister may approve,
|
|
| |
form and establish or acquire one or more subsidiaries, partnerships, joint ventures or other corporate vehicles.
|
|
| |
(2) Children’s Health Ireland or a subsidiary may, either by itself or with another person, with the approval of the Minister given with the prior consent of the Minister for Public Expenditure and Reform, promote and take part in the formation or establishment of a company, or enter into a joint venture, partnership or other corporate vehicle, for the purposes referred to in subsection (1).
|
|
| |
(3) Children’s Health Ireland may, with the approval of the Minister given with the prior consent of the Minister for Public Expenditure and Reform, acquire, hold and dispose of shares or other interests in a company, or become a member of a company.
|
|
| |
(4) The constitution of a subsidiary shall be in such form consistent with this Act as may be determined by the Board with the approval of the Minister, given with the prior consent of the Minister for Public Expenditure and Reform.
|
|
| |
(5) (a) A subsidiary, partnership, joint venture or other such corporate vehicle, referred to in subsection (1), shall make such reports to the Board in such manner as the Board may require.
|
|
| |
(b) The Board shall make such reports on the operation of any subsidiaries, partnerships, joint ventures or other corporate vehicles as the Minister may request in such form as the Minister may require.
|
