IE
(LRC Revised)
Statutory Text (1 Articles)
Number 12 of 2007
CARBON FUND ACT 2007
REVISED
Updated to 28 May 2019
Changes to legislation
as of 10 July 2026, this Act is up to date with all changes known to be in force.
This Revised Act is an administrative consolidation of the
Carbon Fund Act 2007
. It is prepared by the Law Reform Commission in accordance with its function under
the
Law Reform Commission Act 1975
(3/1975) to keep the law under review and to undertake revision and consolidation
of statute law.
All Acts up to and including
Greyhound Racing Act 2019
(15/2019), enacted 28 May 2019, and all statutory instruments up to and including
European Communities (Sheep Identification) (Amendment) Regulations 2019
(S.I. No. 243 of 2019), made 28 May 2019, were considered in the preparation of this
Revised Act.
Disclaimer: While every care has been taken in the preparation of this Revised Act,
the Law Reform Commission can assume no responsibility for and give no guarantees,
undertakings or warranties concerning the accuracy, completeness or up to date nature
of the information provided and does not accept any liability whatsoever arising from
any errors or omissions. Please notify any errors, omissions and comments by email
to
revisedacts@lawreform.ie.
Number
12
of
2007
CARBON FUND ACT 2007
REVISED
Updated to 28 May 2019
ARRANGEMENT OF SECTIONS
Section
1. Definitions.
2. Carbon Fund.
3. Payments into Carbon Fund.
4. Carbon Fund not to be used for any other purpose.
5. Accounts of Carbon Fund and audit.
6. Reports and information to Minister.
7. Accountability of Agency.
8. Directions to Agency.
9. Revoking functions of Agency.
10. Short title.
Acts Referred to
Comptroller and Auditor General (Amendment) Act 1993
2001, No. 17
Finance Act 1993
1993, No. 13
Number
12
of
2007
CARBON FUND ACT 2007
REVISED
Updated to 28 May 2019
AN ACT TO PROVIDE FOR THE ESTABLISHMENT OF A FUND TO BE KNOWN AS THE CARBON FUND TO
BE UTILISED FOR THE ACQUISITION OF KYOTO UNITS AND OTHER SUCH INSTRUMENTS OR ASSETS
BY THE STATE TO MEET INTERNATIONAL CLIMATE CHANGE OBLIGATIONS UNDER THE UNITED NATIONS
FRAMEWORK CONVENTION ON CLIMATE CHANGE DONE AT NEW YORK ON 9TH MAY 1992 AND THE KYOTO
PROTOCOL TO THE CONVENTION DONE AT KYOTO ON 11TH DECEMBER 1997, TO DESIGNATE THE NATIONAL
TREASURY MANAGEMENT AGENCY AS THE AGENT FOR THE ACQUISITION, INCLUDING ON FOOT OF
EXISTING OR FUTURE AGREEMENTS TO WHICH THE STATE IS OR BECOMES BOUND, OF KYOTO UNITS
AND SUCH OTHER INSTRUMENTS OR ASSETS ON BEHALF OF THE STATE, TO PROVIDE FOR THE MAKING
AVAILABLE OF FINANCIAL RESOURCES TO AND THE USE AND MANAGEMENT OF THE CARBON FUND,
TO PROVIDE FOR CONSEQUENTIAL AMENDMENTS TO EXISTING LEGISLATION AND TO PROVIDE FOR
RELATED MATTERS.
[7
th April
, 2007]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS
Annotations
Modifications (not altering text)
C1
Functions transferred (22.07.2016) by
Climate Action and Environment (Transfer of Departmental Administration and Ministerial
Functions) Order 2016
(S.I. No. 393 of 2016), art. 3(1)(a) and sch. 1, in effect as per art. 1(2).
3. (1) The functions conferred on the Minister for the Environment, Community and
Local Government by or under any of the provisions of—
(
a
) the enactments specified in Schedule 1, and ...
are transferred to the Minister for Communications, Energy and Natural Resources.
...
Schedule 1
Article 3(1)(a)
Enactments, functions by or under which are transferred from the Minister for the
Environment, Community and Local Government to the Minister for Communications, Energy
and Natural Resources.
...
Carbon Fund Act 2007
(No. 12 of 2007)
...
Annotations
Modifications (not altering text)
C1
Functions transferred (22.07.2016) by
Climate Action and Environment (Transfer of Departmental Administration and Ministerial
Functions) Order 2016
(S.I. No. 393 of 2016), art. 3(1)(a) and sch. 1, in effect as per art. 1(2).
3. (1) The functions conferred on the Minister for the Environment, Community and
Local Government by or under any of the provisions of—
(
a
) the enactments specified in Schedule 1, and ...
are transferred to the Minister for Communications, Energy and Natural Resources.
...
Schedule 1
Article 3(1)(a)
Enactments, functions by or under which are transferred from the Minister for the
Environment, Community and Local Government to the Minister for Communications, Energy
and Natural Resources.
...
Carbon Fund Act 2007
(No. 12 of 2007)
...
ARRANGEMENT OF SECTIONS
Section
1. Definitions.
2. Carbon Fund.
3. Payments into Carbon Fund.
4. Carbon Fund not to be used for any other purpose.
5. Accounts of Carbon Fund and audit.
6. Reports and information to Minister.
7. Accountability of Agency.
8. Directions to Agency.
9. Revoking functions of Agency.
10. Short title.