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Expenses of Authority
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35. (1) The Minister may, having consulted with the chief executive and with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, prescribe—
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(a) the fees payable to the Authority in relation to the performance by it of its functions,
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(b) the fees payable to the Authority for the purpose of meeting the cost of services provided by investment management providers,
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(c) the persons by whom such fees are to be paid,
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(d) when such fees are to be paid, and
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(e) any general or specific exemptions from the payment of fees,
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and different provision may be made in respect of different classes or types of functions and different services or activities provided or carried out by the Authority in connection with the performance of those functions.
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(2) In prescribing the fees payable to the Authority under subsection (1)(a), the Minister shall take account of the expenses incurred by the Authority in the performance of its functions.
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(3) The chief executive shall determine—
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(a) the manner or method of payment of any fees payable to the Authority, and
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(b) the form in which the payment of any such fees shall be recorded, including the provision of a receipt in respect of such payment.
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(4) The expenses incurred by the Authority in the performance of its functions shall, to such extent as may be sanctioned by the Minister for Public Expenditure, National Development Plan Delivery and Reform, be paid out of moneys provided by the Oireachtas.
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