National Treasury Management Agency (Amendment) Act 2014

20

Financial and commercial advisory functions relating to other bodies

20. (1) The Agency may provide—

(a) financial and commercial advisory services to any Minister of the Government in relation to any State body that is not a designated body where that Minister holds shares in, has general responsibility for or has any function in relation to that body, or

(b) advisory services to any Minister of the Government in relation to any asset held by that Minister, for which that Minister has general responsibility or in relation to which that Minister has any function, where that Minister makes a request to the Agency to provide the services.

(2) The Agency may, on the request of any Minister of the Government, provide advisory services or project management services in relation to, or services consisting of overseeing—

(a) any acquisition or disposal of any interest in or any assets of any State body that is not a designated body where that Minister holds shares in, has general responsibility for or has any function in relation to that body or any other asset which that Minister holds, for which that Minister has general responsibility or in relation to which that Minister has any function, or

(b) any winding up, reorganisation or restructuring of any State body that is not a designated body where the Minister holds shares in, has general responsibility for or has any function in relation to that body.