Personal Injuries Assessment Board Act 2003

F30 [ Remittance by Board of moneys to Minister

74A

74A. (1) The Minister, with the consent of the Minister for Public Expenditure and Reform, may from time to time authorise the Board to retain a specified sum of money for the purposes of expenditure by the Board in the performance of its functions.

(2) The sum specified for the purposes of subsection (1) shall be determined by the Minister having regard to the operational, capital and contingency costs of the Board.

(3) The Minister, with the consent of the Minister for Public Expenditure and Reform, may from time to time request the Board to remit to the Minister any moneys held by the Board in excess of those authorised to be retained under subsection (1) .

(4) The Board shall comply with a request under subsection (3) .

(5) All moneys received by the Minister under this section shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Public Expenditure and Reform directs. ]

Annotations:

Amendments:

F30

Inserted (3.04.2019) by Personal Injuries Assessment Board (Amendment) Act 2019 (3/2019), s. 13, S.I. No. 123 of 2019.

Editorial Notes:

E25

The section heading is taken from the amending section in the absence of one included in the amendment.