S.I. No. 542 of 2001

Statistics (Balance of Payments) Order, 2001

To be made by the Minister of State

at the Department of the Taoiseach

I, Séamus Brennan, Minister of State at the Department of the Taoiseach, in exercise of the powers conferred on me by section 25(1) of the Statistics Act, 1993 (No. 21 of 1993) , and the Statistics (Delegation of Ministerial Functions) Order, 1997 ( S.I. No. 327 of 1997 ), order as follows:

1.       (1)     This Order may be cited as the Statistics (Balance of Payments) Order, 2001.

(2)      This Order shall come into operation on 3^rd December 2001.

2.       (1)      In this Order -

“non-resident” means a person who is not a resident;

“particulars” includes information relating to a state, part of a state, a geographical region, or a territory:

“resident” means -

(a)      any person residing in the State.

(b)      any person conducting a business within or outside the State who has in the State a registered office in respect of that business, or

(c)      in respect of a business conducted at a location in the State, the person conducting that business.

(2)       In this Order a reference to an Article or Schedule is a reference to an Article of or Schedule to this Order.

3.        This Order applies to -

(a)      all persons and undertakings engaged in.

(b)      all persons and undertakings acting on or behalf of other persons and undertakings engaged in.

and

(c)      undertakings, being associations of persons and undertakings referred to in paragraphs (a) and (b), which collect information from those persons and undertakings relating to,

all or any of the transactions specified in Part 1 of the Schedule.

4.        A person or undertaking to whom this Order applies is prescribed as a person or undertaking required to provide the Central Statistics Office with information relating to transactions specified in Part 1 of the Schedule, the general nature of which information is specified in Part 2 of the Schedule.

5.        Information, the general nature of which is specified in Part 2 of the Schedule, is prescribed as information required to be provided for the purposes of surveys of persons and undertakings to whom this order applies.

6.        Information referred to in Article 5 shall be provided, when requested by the Director General, monthly, quarterly, half yearly or annually.

7.        (1)       Subject to paragraph (2) of this Article, a person or undertaking required by virtue of this Order to provide information to the Central Statistics Office shall provide such information by the completion of forms and questionnaires prepared by the Director General of the Central Statistics Office in accordance with section 23 of the Statistics Act, 1993 ( No. 21 of 1993 ).

(2)       A person or undertaking required by virtue of this Order to furnish information shall be deemed to comply with that obligation where, with the consent of the Director General of the Central Statistics Office, the information is furnished by electronic means, and provided that the Director General approves the format or manner in which the information is provided.

SCHEDULE

Part 1

(a)      Provision of goods, services or financial instruments to a non-resident;

(b)      Receipt of goods, services or financial instruments from a non-resident;

(c)      Acquisition or disposal of a financial claim on a non-resident;

(d)      Incurrence or redemption of a financial liability to a non-resident;

(e)      Payment of income to a non-resident;

(f)       Receipt of income from a non-resident.

Part 2

(a)      Particulars of shareholdings in or ownership of the undertaking;

(b)      Particulars of shareholdings in or ownership of any undertaking;

(c)      Particulars relating to the value of goods, services and financial instruments provided by a person or an undertaking to non-residents in the period concerned;

(d)      Particulars relating to the value of goods, services and financial instruments received by a person or an undertaking from non-residents in the period concerned;

(e)      Particulars relating to the value of transactions in respect of financial claims on non-residents engaged in by a person or an undertaking;

(f)       Particulars relating to the value of transactions in respect of financial liabilities to non-residents engaged in by a person or an undertaking;

(g)      Particulars relating to the value of financial claims on non-residents held by a person or an undertaking;

(h)      Particulars relating to the value of financial liabilities to non-residents held by a person or an undertaking;

(i)       Particulars relating to the value of amounts received or receivable by a person or undertaking from a non-resident;

(j)       Particulars relating to the value of amounts paid or payable by a person or undertaking to a non-resident.

(k)      The address of and trading name or names and any other aliases by which the undertaking is known;

(l)       The description of the business in which the person or undertaking is engaged.