National Treasure Management Agency (Amendment) Act 2000


Number 39 of 2000


NATIONAL TREASURY MANAGEMENT AGENCY (AMENDMENT) ACT 2000

REVISED

Updated to 1 August 2020


This Revised Act is an administrative consolidation of the National Treasury Management Agency (Amendment) Act 2000. It is prepared by the Law Reform Commission in accordance with its function under the Law Reform Commission Act 1975 (3/1975) to keep the law under review and to undertake revision and consolidation of statute law.

All Acts up to and including the Companies (Miscellaneous Provisions (Covid-19) Act 2020 (9/2020), enacted 1 August 2020, and all statutory instruments up to and including the National Oil Reserves Agency (Amendment) and Provision of Central Treasury Services Act 2020 (Commencement) Order 2020 (S.I. No. 280 of 2020), made 30 July 2020, were considered in the preparation of this Revised Act.

Disclaimer: While every care has been taken in the preparation of this Revised Act, the Law Reform Commission can assume no responsibility for and give no guarantees, undertakings or warranties concerning the accuracy, completeness or up to date nature of the information provided and does not accept any liability whatsoever arising from any errors or omissions. Please notify any errors, omissions and comments by email to

revisedacts@lawreform.ie.


Number 39 of 2000


NATIONAL TREASURY MANAGEMENT AGENCY (AMENDMENT) ACT 2000

REVISED

Updated to 1 August 2020


Introduction

This Revised Act presents the text of the Act as it has been amended since enactment, and preserves the format in which it was passed.

Related legislation

National Treasury Management Agency Acts 1990 to 2014 : this Act is one of a group of Acts included in this collective citation, to be construed together as one ( National Treasury Management Agency (Amendment) Act 2014 (23/2014), s. 1(2)). The Acts in this group are:

National Treasury Management Agency Act 1990 (18/1990)

National Treasury Management Agency (Amendment) Act 2000 (39/2000)

National Treasury Management Agency (Amendment) Act 2014 (23/2014)

Annotations

This Revised Act is annotated and includes textual and non-textual amendments, statutory instruments made pursuant to the Act and previous affecting provisions.

An explanation of how to read annotations is available at

www.lawreform.ie/annotations.

Material not updated in this revision

Where other legislation is amended by this Act, those amendments may have been superseded by other amendments in other legislation, or the amended legislation may have been repealed or revoked. This information is not represented in this revision but will be reflected in a revision of the amended legislation if one is available.

Where legislation or a fragment of legislation is referred to in annotations, changes to this legislation or fragment may not be reflected in this revision but will be reflected in a revision of the legislation referred to if one is available.

A list of legislative changes to any Act, and to statutory instruments from 1972, may be found linked from the page of the Act or statutory instrument at

www.irishstatutebook.ie.

Acts which affect or previously affected this revision

National Oil Reserves Agency (Amendment) and Provision of Central Treasury Services Act 2020 (6/2020)

Insurance (Amendment) Act 2018 (21/2018)

Medical Practitioners (Amendment) Act 2017 (10/2017)

Education and Training Boards Act 2013 (11/2013)

Access to Central Treasury Funds (Commission for Energy Regulation) Act 2011 (30/2011)

Houses of the Oireachtas Commission (Amendment) Act 2009 (44/2009)

Markets in Financial Instruments and Miscellaneous Provisions Act 2007 (37/2007)

Public Service Management (Recruitment and Appointments) Act 2004 (33/2004)

All Acts up to and including Companies (Miscellaneous Provisions (Covid-19) Act 2020 (9/2020), enacted 1 August 2020, were considered in the preparation of this revision.

Statutory instruments which affect or previously affected this revision

National Treasury Management Agency (Delegation of Claims Management Functions) (No. 2) Order 2020 (S.I. No. 229 of 2020)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2020 (S.I. No. 228 of 2020)

National Treasury Management Agency (Amendment) Act 2000 (State Authority) (Office of the Planning Regulator) Order 2019 (S.I. No. 613 of 2019)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2019 (S.I. No. 571 of 2019)

National Treasury Management Agency (Amendment) Act 2000 (Delegation of Investment Functions) Order 2019 (S.I. No. 535 of 2019)

National Treasury Management Agency (Amendment) Act 2000 (State Authority) Order 2019 (S.I. No. 445 of 2019)

National Treasury Management Agency (Delegation of Functions) (Amendment) Order 2019 (S.I. No. 404 of 2019)

National Treasury Management Agency (State Authority) Order 2019 (S.I. No. 136 of 2019)

National Treasury Management Agency (State Authority) Order 2018 (S.I. No. 498 of 2018)

National Treasury Management Agency (Amendment) Act 2000 (Delegation of Investment Functions) Order 2018 (S.I. No. 157 of 2018)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2017 (S.I. No. 390 of 2017)

National Treasury Management Agency (Amendment) Act 2000 (Delegation of Investment Functions) Order 2017 (S.I. No. 331 of 2017)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2015 (S.I. No. 237 of 2015)

National Treasury Management Agency (State Authorities) Order 2015 (S.I. No. 210 of 2015)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2014 (S.I. No. 182 of 2014)

National Treasury Management Agency (State Authorities) Order 2014 (S.I. No. 138 of 2014)

National Treasury Management Agency (Delegation of Claims Management Functions) (Amendment) Order 2013 (S.I. No. 405 of 2013)

National Treasury Management Agency (Delegation of Claims Management Functions) (Amendment) Order 2012 (S.I. No. 124 of 2012)

National Treasury Management Agency (State Authority) Order 2011 (S.I. No. 78 of 2011)

National Treasury Management Agency (State Authority) (No. 2) Order 2011 (S.I. No. 77 of 2011)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2011 (S.I. No. 69 of 2011)

National Treasury Management Agency (Delegation of Functions) Order 2009 (S.I. No. 586 of 2009)

National Treasury Management Agency (State Authority) Order 2009 (S.I. No. 570 of 2009)

National Treasury Management Agency (Delegation of Functions) (Amendment) Order 2007 (S.I. No. 628 of 2007)

National Treasury Management Agency (State Authorities) Order 2007 (S.I. No. 110 of 2007)

National Treasury Management Agency (Delegation of Claims Management Functions) Order 2005 (S.I. No. 503 of 2005)

National Treasury Management Agency (Delegation of Functions) Order 2003 (S.I. No. 63 of 2003)

National Treasury Management Agency (State Authorities) Order 2003 (S.I. No. 46 of 2003)

National Treasury Management Agency (Delegation and Conferral of Functions) Order 2001 (S.I. No. 531 of 2001)

National Treasury Management Agency (Amendment) Act, 2000 (Part 2) (Commencement) Order 2001 (S.I. No. 526 of 2001)

National Treasury Management Agency (Amendment) Act, 2000 (Delegation of Investment Functions) Order 2001 (S.I. No. 241 of 2001)

National Treasury Management Agency (Amendment) Act, 2000 (Central Treasury Services) (Delegation of Functions) Order 2001 (S.I. No. 16 of 2001)

All statutory instruments up to and including National Oil Reserves Agency (Amendment) and Provision of Central Treasury Services Act 2020 (Commencement) Order 2020 (S.I. No. 280 of 2020), made 30 July 2020, were considered in the preparation of this revision.


Number 39 of 2000


NATIONAL TREASURY MANAGEMENT AGENCY (AMENDMENT) ACT 2000

REVISED

Updated to 1 August 2020


ARRANGEMENT OF SECTIONS

PART 1

Preliminary and General

Section

1.

Short title, commencement, construction and collective citation.

2.

Interpretation generally.

3.

Orders and directions.

4.

Laying of orders before Houses of Oireachtas.

5.

Expenses.

PART 2

State Claims Agency

6.

Interpretation.

7.

Claims and counterclaims to which Part 2 applies.

8.

Additional functions of Agency.

8A.

Additional function - specification of minimum levels of indemnity for classes of medical practitioners.

8B.

Additional function in relation to Insurance Compensation Fund under sections 3A, 3B and 3C of Insurance Act 1964.

9.

Delegation to Agency of claims management function.

10.

Functions of Attorney General.

11.

Duty to report adverse incidents.

12.

Policy Committee.

13.

Reports to Policy Committee.

14.

Role of Advisory Committee in relation to additional functions of Agency under Part 2.

15.

Directions and guidelines to Agency for purposes of Part 2.

16.

Satisfaction of claims and counterclaims.

17.

Services of Chief State Solicitor.

PART 3

Central Treasury Services

18.

Definitions.

19.

Designation of bodies.

20.

Provision of central treasury services.

21.

Advance of moneys to Post Office Savings Bank Fund by Minister.

22.

Use of Post Office Savings Bank Fund for provision of central treasury services.

23.

Delegation to Agency of function of providing central treasury services.

24.

Non-application of section 7(1) of Central Bank Act, 1971.

25.

Directions and guidelines to Agency for purposes of Part 3.

25A.

Agency may procure foreign currency for Government Minister or designated body.

26.

Amendment of section 48 of Vocational Education Act, 1930.

PART 4

Fund Investment Services

27.

Interpretation.

28.

Fund investment services for Minister.

29.

Fund investment services for other Ministers of Government.

PART 5

Miscellaneous

30.

Provision of consultancy services, etc., by Agency.

31.

Charges for services, etc.

32.

Professional and other expert advisers.

33.

References in Principal Act to functions of Agency.

SCHEDULE

Bodies under Paragraph (c) of Definition of “State Authority”


Acts Referred to

Central Bank Act, 1971

1971, No. 24

Central Bank Act, 1997

1997, No. 8

Children Act, 1908

8 Edw. 7, c. 67

Companies Acts, 1963 to 1999

Education Act, 1998

1998, No. 51

Garda Síochána (Compensation) Acts, 1941 and 1945

Health Act, 1970

1970, No. 1

Insurance Act, 1989

1989, No. 3

Local Government Act, 1998

1998, No. 16

Ministers and Secretaries Act, 1924

1924, No. 16

National Treasury Management Agency Act, 1990

1990, No. 18

Prisons Act, 1970

1970, No. 11

Prisons Act, 1972

1972, No. 7

Public Offices Fees Act, 1879

42 & 43 Vict., c. 58

Vocational Education Act, 1930

1930, No. 29


Number 39 of 2000


NATIONAL TREASURY MANAGEMENT AGENCY (AMENDMENT) ACT 2000

REVISED

Updated to 1 August 2020


AN ACT TO PROVIDE FOR THE DELEGATION TO, AND THE CONFERRAL ON, THE NATIONAL TREASURY MANAGEMENT AGENCY OF FUNCTIONS IN RELATION TO THE MANAGEMENT OF CERTAIN CLAIMS AGAINST THE STATE AND CERTAIN OTHER RELATED FUNCTIONS, FUNCTIONS IN RELATION TO FUND INVESTMENT SERVICES, CONSULTANCY SERVICES AND OTHER SERVICES, THE CONFERRAL ON THE MINISTER FOR FINANCE OF FUNCTIONS IN RELATION TO CENTRAL TREASURY SERVICES AND THE DELEGATION OF THOSE FUNCTIONS TO THE NATIONAL TREASURY MANAGEMENT AGENCY, AND FOR THOSE PURPOSES TO AMEND THE NATIONAL TREASURY MANAGEMENT AGENCY ACT, 1990, AND THE VOCATIONAL EDUCATION ACT, 1930, AND TO PROVIDE FOR RELATED MATTERS.

[20 th December, 2000]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: