Section 5 of the Social Welfare (Consolidation) Act 1993 is amended by inserting the following after subsection (5):

"(6) There shall be paid to the Minister for Enterprise, Trade and Employment out of the Social Insurance Fund, at such times and in such manner as the Minister for Finance may direct, the sums that the Minister for Enterprise, Trade and Employment may estimate, on the basis that may be agreed upon between the Minister for Enterprise, Trade and Employment, the Minister and the Minister for Finance, to be part of the expenses incurred in carrying into effect -

(a) the Protection of Employees (Employers' Insolvency) Acts 1984 to 2001, and

(b) the Redundancy Payments Acts 1967 to 2003,

and any sums so paid shall be appropriated in aid of moneys provided by the Oireachtas for carrying into effect the Acts referred to in paragraphs (a) and (b).".