Financial Measures (Miscellaneous Provisions) Act 2009
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Number 14 of 2009 | |||||||||||||||||||||||||||||||
FINANCIAL MEASURES (MISCELLANEOUS PROVISIONS) ACT 2009 | |||||||||||||||||||||||||||||||
ARRANGEMENT OF SECTIONS | |||||||||||||||||||||||||||||||
Preliminary and General | |||||||||||||||||||||||||||||||
Section | |||||||||||||||||||||||||||||||
Direct Debit Instructions and Mandates | |||||||||||||||||||||||||||||||
Transfer of Assets of Certain Pension Funds to National Pensions Reserve Fund | |||||||||||||||||||||||||||||||
7. Relevant pension scheme to continue after making of transfer order. | |||||||||||||||||||||||||||||||
10. Value of assets transferred to be offset against contributions to Reserve Fund. | |||||||||||||||||||||||||||||||
11. Exercise of discretions under relevant pension scheme after making of transfer order. | |||||||||||||||||||||||||||||||
12. Continuation of scheme regarding obligations and benefits. | |||||||||||||||||||||||||||||||
Guarantees by Minister for Finance | |||||||||||||||||||||||||||||||
Amendments of other Acts | |||||||||||||||||||||||||||||||
17. Amendment of the Credit Institutions (Financial Support) Act 2008. | |||||||||||||||||||||||||||||||
Covered Pension Funds | |||||||||||||||||||||||||||||||
University Pension Funds | |||||||||||||||||||||||||||||||
Other Pension funds | |||||||||||||||||||||||||||||||
Amendments of Other Acts | |||||||||||||||||||||||||||||||
Amendment of the Central Bank Act 1989 | |||||||||||||||||||||||||||||||
Amendment of the Credit Institutions (Financial Support) Act 2008 | |||||||||||||||||||||||||||||||
Amendment of the Insurance (No. 2) Act 1983 | |||||||||||||||||||||||||||||||
Amendment of the Insurance Act 1989 | |||||||||||||||||||||||||||||||
Amendment of the Netting of Financial Contracts Act 1995 | |||||||||||||||||||||||||||||||
Amendment of the Taxes Consolidation Act 1997 | |||||||||||||||||||||||||||||||
Acts Referred to | |||||||||||||||||||||||||||||||
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Number 14 of 2009 | |||||||||||||||||||||||||||||||
FINANCIAL MEASURES (MISCELLANEOUS PROVISIONS) ACT 2009 | |||||||||||||||||||||||||||||||
AN ACT TO PROVIDE FOR THE CONTINUATION OF CERTAIN DIRECT DEBIT MANDATES AFTER THE COMING INTO OPERATION OF THE SINGLE EUROPEAN PAYMENTS AREA DIRECT DEBIT SCHEME, TO PROVIDE FOR THE TRANSFER OF THE ASSETS OF CERTAIN PENSION FUNDS TO THE NATIONAL PENSIONS RESERVE FUND, AND THE CONTINUED PAYMENT OF BENEFITS FORMERLY PAYABLE FROM THOSE FUNDS, TO MAKE PROVISION IN RELATION TO THE GIVING OF CERTAIN GUARANTEES BY THE MINISTER FOR FINANCE, TO AMEND THE CENTRAL BANK ACT 1989 SO AS TO CLARIFY ITS APPLICATION TO CERTAIN ACQUIRING TRANSACTIONS, TO AMEND THE CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008 SO AS TO ALLOW THE EXTENSION OF THE PERIOD IN WHICH FINANCIAL SUPPORT UNDER THAT ACT CAN BE PROVIDED, TO AMEND THE INSURANCE (NO. 2) ACT 1983 AND THE INSURANCE ACT 1989 IN RELATION TO LIFE INSURANCE AND REINSURANCE, TO AMEND THE NETTING OF FINANCIAL CONTRACTS ACT 1995 SO AS TO CLARIFY WHETHER CERTAIN PERSONS ARE PARTIES TO A NETTING AGREEMENT, TO AMEND THE TAXES CONSOLIDATION ACT 1997 IN RELATION TO THE TAXATION POSITION OF THE NATIONAL PENSIONS RESERVE FUND COMMISSION IN RELATION TO CERTAIN ASSETS TRANSFERRED FROM PENSION FUNDS TO THE NATIONAL PENSIONS RESERVE FUND, AND TO PROVIDE FOR RELATED PURPOSES; | |||||||||||||||||||||||||||||||
[26th June, 2009] | |||||||||||||||||||||||||||||||
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: |