Oireachtas Joint and Select Committees
Wednesday, 22 November 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2023: Discussion
Mr. Nick Ashmore:
No, they are not. The original National Pensions Reserve Fund had a separate corporate identity in the National Pensions Reserve Fund Commission. However, following the National Treasury Management Agency (Amendment) Act 2014, the agency established a formal board and can provide that governance on behalf of the State. These funds and the ISIF do not have a separate governance identity as such.