LABOUR SERVICES ACT 1987

Investment of moneys by An Foras and subsidiary.

14

14.An Foras or the subsidiary may, with the consent of the Minister and the Minister for Finance, invest funds of An Foras or the subsidiary, as the case may be, in such manner as An Foras or, as the case may be, the subsidiary thinks fit.

Annotations:

Modifications (not altering text):

C8

Functions transferred and terms “Department of Finance” and “Minister for Finance” construed (29.07.2011) by Finance (Transfer of Departmental Administration and Ministerial Functions) Order 2011 (S.I. No. 418 of 2011), regs. 2, 3, 5 and sch. 1 part 2, commenced as per reg. 1(2).

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2.— (1) The administration and business in connection with the performance of any functions transferred by this Order are transferred to the Department of Public Expenditure and Reform.

(2) References to the Department of Finance contained in any Act or instrument made thereunder and relating to the administration and business transferred by paragraph (1) shall, on and after the commencement of this Order, be construed as references to the Department of Public Expenditure and Reform.

3.— The functions conferred on the Minister for Finance by or under the provisions of —

( a) the enactments specified in Schedule 1, and

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are transferred to the Minister for Public Expenditure and Reform.

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5.— References to the Minister for Finance contained in any Act or instrument under an Act and relating to any functions transferred by this Order shall, from the commencement of this Order, be construed as references to the Minister for Public Expenditure and Reform.

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Schedule 1 Enactments

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No. 15 of 1987

Labour Services Act 1987

Sections 4(6), 10, 11(1), 12(3) and (4), 14, 19(4) and 25(2)

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