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Variation by order of certain monetary limits.
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16.—(1) The Government may, if and whenever they are satisfied that—
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(a) a monetary amount for the time being standing specified in any provision of any enactment conferring jurisdiction in a civil matter on the Circuit Court or District Court and indicating the limit of the jurisdiction so conferred, or
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(b) a monetary amount for the time being standing specified in subsection (2) or (3) of section 17 (inserted by this Act) of the Act of 1981,
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should, having regard to changes in the value of money generally in the State since the said monetary amount was so specified, be varied, make an order varying the monetary amount so standing specified and the said provision shall have effect in accordance with the terms of any such order.
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(2) A draft of every order proposed to be made under this section shall be laid before each House of the Oireachtas and the order shall not be made until a resolution approving the draft has been passed by each such House.
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