(1) Without prejudice to the requirements of section 37, the IANS, in determining the remuneration or allowances for expenses to be paid to members of its staff or the other terms or conditions subject to which such members hold or are to hold their employment, shall have regard to Government or nationally agreed guidelines which are for the time being extant or to Government policy concerning remuneration and conditions of employment which is so extant.

(2) The IANS shall, in addition to complying with subsection (1), comply with any directives with regard to the remuneration, allowances, terms or conditions referred to in that subsection which the Minister may give to the IANS with the consent of the Minister for Public Expenditure and Reform.