National Oil Reserves Agency Act 2007
Memorandum and articles of association.
13.— (1) The Agency shall take such steps as may be necessary under the Companies Acts to alter its memorandum and articles of association for the purpose of making them consistent with this Act.
(2) Notwithstanding anything contained in the Companies Acts, any alteration that is made in the memorandum or articles of association of the Agency takes effect only if the alteration is made with the prior approval of the Minister given with the consent of the Minister for Finance.
Annotations
Modifications (not altering text):
C5
Application of subs. (2) restricted (7.08.2025) by European Union (ReFuelEU Aviation) (Competent Authorities) Regulations 2025 (S.I. No. 396 of 2025), regs. 6(2), (3).
6. (1) ...
(2) The NORA shall—
(a) alter its constitution by including as a principal object the object to perform the functions assigned to it in relation to the ReFuelEU Aviation Regulation, and
(b) take such steps under the Act of 2014 as may be necessary to so alter its constitution.
(3) Section 13(2) of the Act of 2007 shall not apply to the alteration referred to in paragraph (2).
...