Motor Insurance Insolvency Compensation Act 2024
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Amendment of section 8B of National Treasury Management Agency (Amendment) Act 2000 | ||
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32. Section 8B of the National Treasury Management Agency (Amendment) Act 2000 is amended— | ||
(a) by the substitution of the following subsection for subsection (1): | ||
“(1) In this section— | ||
‘Act of 1964’ means the Insurance Act 1964 ; | ||
‘Act of 2024’ means the Motor Insurance Insolvency Compensation Act 2024; | ||
‘Compensation Body’ has the meaning assigned to it by the Act of 2024; | ||
‘personal data’ has the meaning assigned to it by the Act of 2024; | ||
‘processing’ has the meaning assigned to it by Part 4 of the Act of 2024.”, | ||
and | ||
(b) in subsection (2)— | ||
(i) in paragraph (f), by the substitution of “1964;” for “1964.”, and | ||
(ii) by the insertion of the following paragraphs after paragraph (f): | ||
“(g) acting as one of the interested parties within the meaning of section 12 of the Act of 2024; | ||
(h) the co-operation by it, pursuant to section 13 of the Act of 2024, with the Compensation Body, the Central Bank of Ireland and the Revenue Commissioners; | ||
(i) the carrying out, pursuant to section 16 of the Act of 2024, of audits of samples of completed claims presented to the Compensation Body under that Act; | ||
(j) the carrying out, pursuant to section 17 of the Act of 2024, of audits of certain uncompleted claims presented to the Compensation Body; | ||
(k) the preparation and submission to the Minister, pursuant to section 18 of the Act of 2024, of a report on, inter alia, the conclusions to be drawn from the audits referred to in paragraphs (i) and (j) which it has carried out; | ||
(l) processing personal data which, pursuant to section 20 of the Act of 2024, has been disclosed to it by the Compensation Body.”. |