Seanad debates
Thursday, 16 December 2010
Credit Institutions (Stabilisation) Bill 2010: Second Stage
Section 76 of the Bill provides for a number of amendments to the National Pensions Reserve Fund Act 2000 to enable the Minister for Finance to suspend or reduce the annual contribution to the fund for the duration of the programme; to direct the National Pensions Reserve Fund to invest in Government bonds; and to direct the National Pensions Reserve Fund to make payments to the Exchequer for capital expenditure purposes for the duration of the programme.
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