26.— (1) Subject to subsections (2) and (3), the Authority may, with the consent of the Minister and the Minister for Public Expenditure and Reform, accept gifts of money, land or other property.

(2) Where the donor of a gift specifies a trust or condition attaching to a gift, the Authority may, with the consent of the Minister and the Minister for Public Expenditure and Reform, accept the gift subject to the trust or condition.

(3) The Authority shall not accept a gift if the trust or condition attached to it by the donor is, in the opinion of the Authority, inconsistent with or likely to prejudice the Authority’s operational independence or the effective performance of its functions.

(4) The Authority shall include details of any gift that exceeds an amount, specified by the Minister with the consent of the Minister for Public Expenditure and Reform, in the next report prepared under section 25 after the gift is accepted.

(5) In subsection (4) “details” means—

(a) the name and address of the donor of the gift,

(b) a description of the gift, and

(c) particulars of any trust or condition attached to the gift.