Means the fund established for the purpose of the acquisition on behalf of the State of Kyoto Units (qv) in accordance with the United Nations Framework Convention on Climate Change and the Kyoto Protocol (qv): Carbon Fund Act 2007 s.2. The Fund is controlled and managed by the Minister for the Environment, Heritage and Local Government: (ibid s.2(3)). However, responsibility for management of the Fund has been delegated to the National Treasury Management Agency (qv): (ibid s.2(4)). See KYOTO PROTOCOL; KYOTO UNITS.
Murdoch and Hunt's Encyclopedia of Irish Law (MHEIL) is a fully interlinked and searchable legal database designed to function as an aide memoire for busy practitioners. To add MHEIL to your subscription or to organise a free trial, call our sales team on 016373920.