(LRC Revised)

Number 7 of 2009

INVESTMENT OF THE NATIONAL PENSIONS RESERVE FUND AND MISCELLANEOUS PROVISIONS ACT 2009

REVISED

Updated to 31 December 2021

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

Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Act

2009

. 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 the

Maritime Area Planning Act

2021

(50/2021), enacted 23 December 2021, and all statutory instruments up to and

including the

Health (Residential Support Services Maintenance and Accommodation

Contributions) (Amendment) Regulations 2022

(S.I. No. 1 of 2022), made 2 January

2022, were considered in the preparation of this revision.

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

7

of

2009

INVESTMENT OF THE NATIONAL

PENSIONS RESERVE FUND AND MISCELLANEOUS PROVISIONS ACT 2009

REVISED

Updated to 31 December

2021

ARRANGEMENT OF SECTIONS

Section

1.

Definition.

(Repealed)

2. Amendment of

section 2 (interpretation) of Principal Act.

(Repealed)

3. Amendment of

section 6 (functions of Commission) of Principal Act.

(Repealed)

4. Amendment of

section 15 (Commission shall not control company) of Principal Act.

(Repealed)

5. Disapplication

of certain requirements of competition law, etc., in certain circumstances.

(Repealed)

6. Amendment of

section 18 (establishment of National Pensions Reserve Fund) of Principal Act.

(Repealed)

7. Amendment of

section 19 of Principal Act (investment policy for Fund).

(Repealed)

8. Directions

about investments, etc.

(Repealed)

9. Amendment of the Taxes Consolidation Act 1997.

10. Amendment of

European Communities (Markets in Financial Instruments) Regulations 2007.

(Repealed)

11. Amendment of the Securitisation (Proceeds of Certain Mortgages) Act 1995.

12. Amendment of the Markets in Financial Instruments and Miscellaneous Provisions

Act 2007.

13. Short title and commencement.

Acts Referred to

Central Bank Act 1942

1942, No. 22

Central Bank Act 1997

1997, No. 8

Companies Act 1963

1963, No. 33

Companies Act 1990

1990, No. 33

Competition Act 2002

2002, No. 14

Credit Institutions (Financial Support) Act 2008

2008, No. 18

Finance Act 1970

1970, No. 14

Irish Takeover Panel Act 1997

1997, No. 5

Markets in Financial Instruments and Miscellaneous Provisions Act 2007

2007, No. 37

National Pensions Reserve Fund Act 2000

2000, No. 33

Securitisation (Proceeds of Certain Mortgages) Act 1995

1995, No. 30

Taxes Consolidation Act 1997

1997, No. 39

Number

7

of

2009

INVESTMENT OF THE NATIONAL PENSIONS RESERVE FUND AND MISCELLANEOUS PROVISIONS ACT

2009

REVISED

Updated to 31 December

2021

AN ACT TO AMEND THE NATIONAL PENSIONS RESERVE FUND ACT 2000 IN RELATION TO CERTAIN

INVESTMENTS IN THE PUBLIC INTEREST; TO AMEND THE TAXES CONSOLIDATION ACT 1997 IN RELATION

TO THE TAXATION OF SUCH INVESTMENTS; TO AMEND THE SECURITISATION (PROCEEDS OF CERTAIN

MORTGAGES) ACT 1995 TO FACILITATE THE WINDING-UP OF A BODY ESTABLISHED UNDER THAT

ACT; TO AMEND THE MARKETS IN FINANCIAL INSTRUMENTS AND MISCELLANEOUS PROVISIONS ACT

2007 TO PROVIDE FOR GREATER TRANSPARENCY IN RELATION TO CERTAIN KINDS OF TRADING IN

FINANCIAL INSTRUMENTS; AND TO PROVIDE FOR CONNECTED MATTERS.

[5

th March

, 2009]

BE IT ENACTED BY THE OIREACHTAS AS

FOLLOWS

ARRANGEMENT OF SECTIONS

Section

1.

Definition.

(Repealed)

2. Amendment of

section 2 (interpretation) of Principal Act.

(Repealed)

3. Amendment of

section 6 (functions of Commission) of Principal Act.

(Repealed)

4. Amendment of

section 15 (Commission shall not control company) of Principal Act.

(Repealed)

5. Disapplication

of certain requirements of competition law, etc., in certain circumstances.

(Repealed)

6. Amendment of

section 18 (establishment of National Pensions Reserve Fund) of Principal Act.

(Repealed)

7. Amendment of

section 19 of Principal Act (investment policy for Fund).

(Repealed)

8. Directions

about investments, etc.

(Repealed)

9. Amendment of the Taxes Consolidation Act 1997.

10. Amendment of

European Communities (Markets in Financial Instruments) Regulations 2007.

(Repealed)

11. Amendment of the Securitisation (Proceeds of Certain Mortgages) Act 1995.

12. Amendment of the Markets in Financial Instruments and Miscellaneous Provisions

Act 2007.

13. Short title and commencement.

Number

7

of

2009