Central Bank Act 1971
Transfer of Exchequer Account to Bank.
49.—(1) The Exchequer Account in the Bank of Ireland shall be transferred to the Bank and, accordingly, references in sections 10, 11, 13 and 15 of the Exchequer and Audit Departments Act, 1866, to the Bank of Ireland shall be construed as references to the Bank.
(2) This section shall come into operation on such day as the Minister appoints by order under this section.
Annotations
Modifications (not altering text):
C57
Application of section restricted (26.11.1984) by State Financial Transactions (Special Provisions) Act 1984 (23/1984), s. 2(2)(a), S.I. No. 350 of 1984.
Temporary arrangements for carrying out certain State financial transactions
2.— …
(2) (a) Notwithstanding anything in the Exchequer and Audit Departments Act, 1866, and section 49 of the Central Bank Act, 1971, the procedures provided under those, or any other, statutes for bringing to account revenue of the State and other public moneys and making issues of moneys on behalf of the State that, but for this subsection, would involve operations on the Exchequer Account or a State account shall be carried out under and in accordance with such arrangements (including the transfer of the Exchequer Account or any State account to a commercial bank or any other institution) as may be made in that behalf by the Minister after consultation with the Comptroller and Auditor General.