(1) When performing functions under or for the purposes of this Part the Agency may describe itself as the New Economy and Recovery Authority (or "NewERA").

(2) In this Part -

"designated body" means - (a) the Electricity Supply Board, (b) Ervia, (c) Bord na Móna plc, (d) Coillte Teoranta (being a company formed and registered under the Companies Acts as provided for by section 9 of the Forestry Act 1988), (e) EirGrid plc, (f) Irish Water, (g) any other State body which is specified in an order under subsection (3), and (h) a subsidiary (within the meaning of the Companies Acts) of a designated body referred to in any of paragraphs (a) to (g) or any company in which such a designated body has an interest;