(1) In relation to borrowings by the IANS under section 26, the Minister for Public Expenditure and Reform, after consultation with the Minister, may guarantee, in such form and manner and in such money (including money in a currency other than the currency of the State) and on such terms and conditions as he or she thinks fit any, or any combination, of the following:
(a) the due repayment by the IANS of the principal of any money borrowed by the IANS;
(b) the due payment of instalments or other amounts of money owed by the IANS under a contract entered into by the IANS;
(c) the payment of interest on any money, instalment or amount;
(d) both the repayment of principal or payment of such instalments or amounts, as the case may be, and the payment of the interest;
(e) the payment of commission and incidental expenses arising in connection with such borrowings or such contract.
(2) The Minister for Public Expenditure and Reform shall not so exercise the powers conferred on him or her by
…