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Power to establish, or acquire, hold or dispose of shares in, companies.
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10.—(1) For the purposes of performing any one or more of its functions, the Authority may, with the consent of the Minister and the Minister for Finance, either alone or jointly with another person, cause such one or more companies to be formed and registered under—
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(a) the Companies Acts 1963 to 2001, or
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(b) the laws of a place other than the State,
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as it considers appropriate, whether or not the company is a subsidiary of the Authority.
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(2) The Authority may, for the purposes specified in subsection (1), and with the consent of the Minister and the Minister for Finance, acquire or hold shares or any other interest in, or become a member of, a company formed and registered under—
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(a) the Companies Acts 1963 to 2001, or
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(b) the laws of a place other than the State.
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(3) The memorandum and articles of association of a company to which subsection (1) or (2) applies shall be in such form consistent with this Act as may be determined by the Authority, with the consent of the Minister and the Minister for Finance.
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(4) The Authority may dispose of shares or any other interest in a company to which this section applies.
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