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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2021 - onwards
  Version 2 of 2    

20. Payments from Fund to Exchequer.

Repealed from 31 December 2021

(1) The Commission shall not make any payment from the Fund to the Exchequer before the year 2025.

(2) Subject to this section, in each year, commencing in the year 2025 and continuing until the year 2055, the Commission shall make payments from the Fund to the Exchequer, upon the request of the Minister, in respect of social welfare pensions and public service pensions.

(3) The Minister may, after consultation with the Minister for Social, Community and Family Affairs, at any time, by order extend beyond the year 2055, the period for payment from the Fund referred to in subsection (2).

(4) The Minister shall, following consultation with the Commission and the Minister for Social, Community and Family Affairs, make rules under which payments from the Fund under subsection (2) shall be calculated during the relevant period.

(5) Without prejudice to the generality of subsection (4), rules under that subsection shall provide that payments from the Fund shall be calculated -

(a) by re

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