Use of resolution fund to pay loan, etc., and balance in resolution fund
109.—(1)  The Minister may, from time to time, direct the trustee of a resolution fund to make a withdrawal from the resolution fund for any of the following purposes:
(a)to repay the Authority all or any part of the loan made under section 23(7A), together with any interest on such loan;
(b)to reimburse the Agency for any payment the trustee received under section 29A of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.
[31/2017]
(2)  The Minister may by regulations made under section 126 provide for —
(a)how the balance in a resolution fund is to be dealt with after the fund is no longer needed for any of the purposes mentioned in section 101(1) or subsection (1); and
(b)the dissolution of the resolution fund after the balance of the fund has been dealt with in accordance with the regulations, and the publication of a notice of such dissolution.
[31/2017]