20. Related parties
Minister for Finance
The Minister for Finance appoints six members of the Agency in accordance with section 3A of the National Treasury Management Agency Act, 1990, as amended.
Key Management Personnel
The Agency is governed by the Agency members, and the administration and business of the Agency is managed and controlled by the Chief Executive. The Chief Executive and the Agency members have the authority and responsibility for planning, directing and controlling the activities of the Agency and therefore are key management personnel of the Agency. Fees paid to Agency members and the Chief Executive's remuneration are disclosed in note 7.
National Asset Management Agency
In accordance with sections 41 and 42 of the National Asset Management Agency Act 2009, the Agency provides business and support services and systems in addition to assigning staff to NAMA. The recovery of expenses from NAMA is detailed in note 5.
Strategic Banking Corporation of Ireland
In accordance with section 10 of the Strategic Banking Corporation of Ireland Act 2014, the Agency provides business and support services and systems in addition to assigning staff to the SBCI. The recovery of expenses from the SBCI is detailed in note 5.