This Act was brought in to provide for the establishment of a body to support the needs of former residents to be known as RISFB and to define it’s functions and to provide for the making of contributions of certain persons. It was also to amend the Residential Redress Act 2002, the Commission to Inquire into Child Abuse 2005 and related matters.

http://www.irishstatutebook.ie/eli/2012/act/35/enacted/en/pdf