The Economic and Monetary Union Act, 1998, is amended by inserting the following after section 14:
(1) The Central Bank of Ireland shall -
(a) from time to time as directed by the Minister, pay into the Exchequer from the general fund of the Central Bank of Ireland an amount representing, in whole or in part, the accrued public moneys arising from the issue of coin, and
(b) debit the currency reserve by the amount.
(2) Amounts to be paid into the Exchequer under this section shall be calculated in a manner determined by the Minister after consultation with the Central Bank of Ireland.
(3) In this section 'accrued public moneys arising from the issue of coin' means -
(a) the accrued amount of the proceeds of the issue of coin paid into the general fund of the Central Bank of Ireland and carried in it to the credit of the currency reserve under -
(i) section 60 (1) of the Central Bank Act, 1942,
(ii) section 9 of the Coinage Act, 1950,
(iii) section 7 of the Decimal Currency Act, 1
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