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Establishment of Service
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9. (1) On the establishment day there shall stand established a body to be known as An tSeirbhís um Athbhreithniú Creidmheasa (in this Act referred to as the “Service”), to perform the functions conferred on it by this Act.
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(2) The Service shall be a body corporate with perpetual succession and an official seal and shall have the power to sue, and may be sued, in its corporate name and may, with the consent of the Minister and the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, acquire, hold and dispose of land, an interest in land or any other property.
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(3) The Service shall—
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(a) subject to this Act, be independent in the exercise of its functions, and
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(b) have all such powers as are necessary or expedient for, or incidental to, the performance of its functions.
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(4) The seal of the Service may be authenticated by—
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(a) the signature of the Credit Reviewer, or
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(b) the signature of a member of the staff of the Service authorised by the Credit Reviewer to act in that behalf.
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(5) Judicial notice shall be taken of the seal of the Service and any document purporting to be an instrument made by, and to be sealed with the seal of, the Service shall, unless the contrary is shown, be received in evidence and be deemed to be such document without further proof.
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(6) Any contract or instrument which, if entered into or executed by an individual, would not require to be under seal may be entered into or executed on behalf of the Service by any person generally or specially authorised by the Service in that behalf.
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(7) The Service may enter into agreements with other persons for the purposes of the performance of the functions of the Service.
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