Future Ireland Fund and Infrastructure, Climate and Nature Fund Act 2024
|
PART 2 Future Ireland Fund | ||
|
Definitions (Part 2) | ||
|
4. In this Part— | ||
“FI Fund investment strategy” has the meaning assigned to it by section 7 (1)(a); | ||
“general government debt”, in relation to a year, means the total gross debt at nominal value of the general government of the State which is outstanding at the end of the year, as arrived at in accordance with Council Regulation (EC) No. 479/2009 of 25 May 20091 , as amended by Council Regulation (EU) No. 679/2010 of 26 July 20102 and Commission Regulation (EU) No. 220/2014 of 7 March 20143 ; | ||
“relevant ten-year period”, in relation to a year, means the period of 10 years ending on 31 December of the preceding year; | ||
“value of the FI Fund capital” means, at any time, the value of the aggregate of— | ||
(a) all payments, valued on the date of each such payment, into the FI Fund, and | ||
(b) all assets transferred, valued on the date of each such transfer, to the FI Fund. | ||