Dormant Accounts Act, 2001
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Making of disbursements. |
44.—(1) When giving a direction to the Agency in relation to the making of a disbursement under this Part, the Board shall have regard to the plan prepared under section 42 and the regulations made under section 43 . | |
(2) Where it is proposed to make a disbursement under this Part in excess of €300,000, the Board shall submit details of the proposal, in writing, to the Minister for his or her prior consent before giving a direction to the Agency to make the disbursement. | ||
(3) Disbursements made under this Part shall, subject to regulations made under section 43 , be in the form and subject to the terms and conditions that may be determined from time to time by the Board with the approval of the Minister given with the consent of the Minister for Finance. |