The National Treasury Management Agency Act, 1990, is hereby amended -
(a) in section 4 by the insertion of the following subsection after subsection (1):
"(1A) An additional function of the Agency shall be:
(a) to perform, on behalf of the Minister for Agriculture, Food and Forestry whenever requested by that Minister, the borrowing function set out in Regulation 11 of the European Communities (Common Agricultural Policy) (Market Intervention) Regulations, 1973 (S.I. No. 24 of 1973), and
(b) to exercise the function of that Minister in relation to the management of the indebtedness arising from such borrowing, on such terms and conditions as may be agreed by the Agency with that Minister.",
and
(b) in the First Schedule, by the insertion of the following paragraph after paragraph (g):
"(gg) section 54(10) (inserted by section 161 of the Finance Act, 1997) of the Finance Act, 1970,".