National Treasury Management Agency (Amendment) Act 2000

Number 39 of 2000

NATIONAL TREASURY MANAGEMENT AGENCY (AMENDMENT) ACT 2000

REVISED

Updated to 2 July 2024

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 Health (Assisted Human Reproduction) Act 2024 (18/2024), enacted 2 July 2024, and all statutory instruments up to and including the National Treasury Management Agency (Delegation of Claims Management Functions) Order 2024 (S.I. No. 337 of 2024), made 2 July 2024, 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 2 July 2024


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.

11A.

Notifications under Act of 2023.

12.

Policy Committee. (Repealed)

13.

Reports to Policy Committee. (Repealed)

14.

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 (Repealed)

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 2 July 2024


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.

[20th December, 2000]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: