Skip to main content
Version status: In force | Document consolidation status: No known changes
Version date: 30 July 2024 - onwards
Version 2 of 2

8. Payments into FI Fund

(1) Subject to section 9, in each of the years 2024 to 2035, the Minister shall, from the Central Fund or the growing produce thereof, pay into the FI Fund a sum equivalent to 0.8 per cent of relevant GDP in relation to that year.

(2) Where, in any of the years 2024 to 2034, by a resolution passed by that House on a proposal by the Minister, Dáil Éireann approves the making of a payment of a specified sum from the Central Fund or the growing produce thereof into the FI Fund in the subsequent year in addition to the payment of the sum referred to in subsection (1), the Minister shall, in that subsequent year, pay into the FI Fund such specified sum from the Central Fund or the growing produce thereof.

(3) Where, in 2035 or any year thereafter, by a resolution passed by that House on a proposal by the Minister, Dáil Éireann approves the making of a payment of a specified sum from the Central Fund or the growing produce thereof into the FI Fund in the subsequent year, the Minister shall, in that subsequent year, pay into the FI Fund such specified sum from the Central Fund or the growing produce thereof.