Central Bank Act 1997

67

67.Section 3 of the Multilateral Investment Guarantee Agency 1988, is hereby amended in subsection (5) by the deletion of:

“and may advance to the Minister for Finance any sum or sums required for payments under this section, subject to such security, rate of interest and other terms and conditions as are agreed between the Minister and the Bank”,

and that subsection, as so amended, is set out in the Table to this section.

TABLE

(5) The Central Bank of Ireland shall act as a depository for the holdings of currency of the State and other assets of the Agency.