(1) The Fund shall be controlled and managed by the Agency.

(2) The Agency shall hold and invest the assets of the Fund (other than directed investments) in accordance with the provisions of this Part and the investment strategy prepared under it.

(3) The Agency shall -

(a) authorise payments from the Fund to the Exchequer and such other payments from the Fund as may be required for the management of the Fund,

(b) accept payments made, or assets transferred, to the Fund under section 46, and

(c) accept funds or assets for the benefit of the Fund from sources other than the Central Fund, if so directed by the Minister.

(4) The Agency may -

(a) hold assets of the Fund in any such manner as it considers appropriate (including in bank accounts for the Fund opened and maintained by it, including accounts in currencies other than the currency of the State),