(1) The special account in the name of the Minister opened in the Bank of Ireland pursuant to section 31 of the Finance Act, 1940 (referred to subsequently in this section and in section 33 as "the special account") shall, notwithstanding the repeal of that section by this Act, continue to be maintained by the Minister.
(2) The trustees of a trustee savings bank shall pay into the special account or invest in the purchase of securities of the Government such proportion of the moneys deposited with the bank (referred to subsequently in this section as "the designated proportion") as may be determined by the Central Bank after consultation with the Minister and the Central Bank shall determine, after the like consultation, what proportion (if any) of the designated proportion should be paid as aforesaid and what proportion (if any) thereof should be invested as aforesaid.
(3) The Minister may make regulations -
(a) in relation to the making of payments of moneys into and withdrawals of m
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