Uimhir 31 de 1961.

AN tACHT UM CHUIDEACHTA FORBARTHA AERFORT NEAMHCHUSTAM NA SIONNA TEORANTA (LEASÚ), 1961.

[An tiontú oifigiúil.]

Léiriú.

1959, Uimh. 36.

1.—(1) San Acht seo—

ciallaíonn “an Príomh-Acht” an tAcht um Chuideachta Forbartha Aerfort Neamhchustam na Sionna Teoranta, 1959;

ciallaíonn “Achtanna na dTithe” Achtanna na dTithe (Forálacha Airgeadais agus Forálacha Ilghnéitheacha), 1932 go 1960;

ciallaíonn “an tAire” an tAire Iompair agus Cumhachta.

(2) Forléireofar an Príomh-Acht agus an tAcht seo mar aon ní amháin.

Alt 2 den Phríomh-Acht a leasú.

2.—Aisghairtear leis seo an méid sin d'alt 2 den Phríomh-Acht a fhorálann nach mó san iomlán ná milliún go leith punt a fhéadfaidh an tAire Airgeadais a shuibhscríobh faoin alt sin chun scaireanna a thógáil i gCuideachta Forbartha Aerfort Neamhchustam na Sionna Teoranta (dá ngairtear an Chuideachta anseo feasta) agus, ina ionad sin, achtaítear leis seo nach mó ná trí mhilliún punt san iomlán na méideanna a shuibscríobhfar amhlaidh.

Alt 8 den Phríomh-Acht a leasú.

3.—Aisghairtear leis seo fo-alt (2) d'alt 8 den Phríomh-Acht, agus ina ionad sin, achtaítear leis seo nach mó ná milliún dhá chéad agus caoga míle punt comhiomlán na ndeontas a thabharfar don Chuideachta faoin alt sin.

Airleacain don Chuideachta as an bPríomh-Chiste.

4.—(1) Féadfaidh an tAire Airgeadais ó am go ham, faoi réir fhorálacha an ailt seo, airleacain a thabhairt as an bPríomh-Chiste nó a thoradh fáis faoi chomhair leath caiteachais na Cuideachta ag soláthar teaghaisí d'oibrithe a bheidh fostaithe ar an eastát tionscail ag an aerfort.

(2) Chun críocha an ailt seo déanfar méid caiteachais na Cuideachta ag soláthar teaghaisí oibrithe a ríomh tar éis méid aon deontais a gheobhaidh an Chuideachta faoi Achtanna na dTithe i leith teaghaisí den sórt sin a sholáthar a asbhaint.

(3) Ní bheidh comhiomlán na n-airleacan faoin alt seo níos mó ná ceithre chéad míle punt.

Airgead a sholáthar le haghaidh airleacan as an bPríomh-Chiste.

5.—Beidh feidhm ag fo-ailt (2) agus (3) d'alt 3 den Phríomh-Acht maidir le hairgead a sholáthar le haghaidh na suimeanna a airleacfar as an bPríomh-Chiste faoin alt deiridh roimhe seo den Acht seo amhail mar atá feidhm acu maidir le hairgead a sholáthar le haghaidh suimeanna a airleacfar as an bPríomh-Chiste faoi fho-alt (1) den alt sin 3 den Phríomh-Acht.

Us a íoc ar airleacain.

6.—(1) Íocfaidh an Chuideachta leis an Aire Airgeadais ar gach suim a airleacfar chun na Cuideachta as an bPríomh-Chiste faoi alt 4 den Acht seo ús ó dháta an airleacain go dtí go mbeidh an tsuim aisíoctha de réir cibé ráta a cheapfaidh an tAire Airgeadais ó am go ham i leith na suime, agus íocfar an t-ús ina íocaíochtaí leathbhliantúla cibé laethanta gach bliain a cheapfaidh an tAire Airgeadais ó am go ham.

(2) Má mhainníonn an Chuideachta aon ús is iníoctha aici faoin alt seo a íoc leis an Aire Airgeadais an tráth a bheidh ceaptha chuige sin faoin alt seo, íocfaidh an Chuideachta leis an Aire Airgeadais ús, de réir an ráta a cheapfaidh an tAire sin, ar an ús a bheidh gan íoc amhlaidh ón tráth a cheapfar mar a dúradh go dtí go mbeidh an t-ús a bheidh gan íoc íoctha.

(3) An t-ús go léir a íocfaidh an Chuideachta leis an Aire Airgeadais faoin alt seo íocfar isteach sa Státchiste é nó cuirfear chun tairbhe don Státchiste é i cibé slí a ordóidh an tAire Airgeadais.

Airleacain a aisíoc.

7.—(1) Chun soláthar a dhéanamh le haghaidh na Cuideachta d'aisíoc na n-airleacan a bheidh tugtha di as an bPríomh-Chiste faoi alt 4 den Acht seo, íocfaidh an Chuideachta leis an Aire Airgeadais íocaíochtaí leathbhliantúla a thosóidh cibé dáta, agus a leanfaidh cibé uimhir blianta agus a mbeidh cibé méideanna iontu, agus a bheidh iníoctha cibé tráthanna a cheapfaidh an tAire Airgeadais, tar éis dó dul i gcomhairle leis an Aire, agus féadfar dátaí, uimhreacha blianta, méideanna agus tráthanna éagsúla a cheapadh i leith codanna éagsúla de na hairleacain.

(2) Déanfaidh an tAire Airgeadais na híocaíochtaí leathbhliantúla uile agus faoi seach a bheidh le híoc ag an gCuideachta leis an Aire sin faoin alt seo a chur chun críche mar chistí fiachmhúchta chun na codanna uile agus faoi seach de na hairleacain a aisíoc arb ina leith a íocfar na híocaíochtaí leathbhliantúla agus nuair a bheidh an uimhir iomlán íocaíochtaí leathbhliantúla a ceapadh faoin alt seo i leith aon chuid de na hairleacain (maraon le haon ús a bheidh tagtha chun bheith iníoctha faoin alt seo i leith aon cheann nó cinn de na híocaíochtaí leathbhliantúla) íoctha ag an gCuideachta leis an Aire sin measfar an chuid sin de na hairleacain a bheith aisíoctha go hiomlán ag an gCuideachta gan dochar do dhliteanas na Cuideachta maidir le haon ús a bheidh gan íoc i leith na coda sin de na hairleacain.

(3) Má mhainníonn an Chuideachta aon íocaíocht leathbhliantúil nó cuid d'íocaíocht leathbhliantúil is iníoctha aici leis an Aire Airgeadais faoin alt seo a íoc leis an Aire sin an tráth a bheidh ceaptha chuige sin faoin alt seo, íocfaidh an Chuideachta leis an Aire sin ar an íocaíocht leathbhliantúil nó ar an gcuid d'íocaíocht leathbhliantúil ús de réir cibé ráta a cheapfaidh an tAire sin ó am go ham ina leith sin ón tráth a bheidh ceaptha mar a dúradh go dtí go mbeidh an íocaíocht nó an chuid íoctha.

(4) Déanfar an t-airgead go léir a íocfaidh an Chuideachta leis an Aire Airgeadais faoin alt seo mar aisíoc ar airleacain a íoc isteach sa Státchiste.

(5) Déanfar na suimeanna go léir a íocfaidh an Chuideachta leis an Aire Airgeadais faoin alt seo ar scór úis a íoc isteach sa Státchiste nó a chur chun tairbhe don Státchiste i cibé slí a ordóidh an tAire Airgeadais.

Gearrtheideal agus comhlua.

8.—(1) Féadfar an tAcht um Chuideachta Forbartha Aerfort Neamhchustam na Sionna Teoranta (Leasú), 1961, a ghairm den Acht seo.

(2) Féadfar na hAchtanna um Chuideachta Forbartha Aerfort Neamhchustam na Sionna Teoranta, 1959 agus 1961, a ghairm den Phríomh-Acht agus den Acht seo le chéile.

Number 31 of 1961.

SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED (AMENDMENT) ACT, 1961.

ARRANGEMENT OF SECTIONS

Number 31 of 1961.

SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED (AMENDMENT) ACT, 1961.

Interpretation.

1.—(1) In this Act—

“the Principal Act” means the Shannon Free Airport Development Company Limited Act, 1959;

“the Housing Acts” means the Housing (Financial and Miscellaneous Provisions) Acts, 1932 to 1960;

“the Minister” means the Minister for Transport and Power.

(2) This Act shall be construed as one with the Principal Act.

Amendment of section 2 of the Principal Act.

2.—So much of section 2 of the Principal Act as provides that the aggregate of the amounts which the Minister for Finance may subscribe under that section in taking up shares of the Shannon Free Airport Development Company Limited (hereinafter called the Company) shall not exceed one and one-half million pounds is hereby repealed, and, in lieu thereof, it is hereby enacted that the aggregate of the amounts so subscribed shall not exceed three million pounds.

Amendment of section 8 of the Principal Act.

3.—Subsection (2) of section 8 of the Principal Act is hereby repealed, and in lieu thereof, it is hereby enacted that the aggregate amount of grants to be made to the Company under that section shall not exceed one million and two hundred and fifty thousand pounds.

Advances to the Company out of the Central Fund.

4.—(1) The Minister for Finance may from time to time, subject to the provisions of this section, make advances to the Company out of the Central Fund or the growing produce thereof to meet one-half of the expenditure by the Company on the provision of dwellings for workers employed on the industrial estate established at the airport.

(2) For the purposes of this section the amount of the expenditure of the Company on the provision of workers' dwellings shall be calculated after deduction of the amount of any grants received by the Company under the Housing Acts in respect of the provision of such dwellings.

(3) The aggregate amount of advances under this section shall not exceed four hundred thousand pounds.

Provision of moneys for advances out of the Central Fund.

5.—Subsections (2) and (3) of section 3 of the Principal Act shall apply to the provision of moneys for the sums advanced out of the Central Fund under the immediately preceding section of this Act as they apply to the provision of moneys for the sums advanced out of the Central Fund under subsection (1) of the said section 3 of the Principal Act.

Payment of interest on advances.

6.—(1) The Company shall pay to the Minister for Finance on every sum advanced to the Company out of the Central Fund under section 4 of this Act interest from the date of the advance of the sum until the sum is repaid at such rate as shall from time to time be appointed by the Minister for Finance in respect of the sum, and the interest shall be so paid by half-yearly payments on such days in every year as the Minister for Finance shall from time to time appoint.

(2) If the Company fails to pay to the Minister for Finance any interest payable by it under this section at the time appointed in that behalf under this section, the Company shall pay to the Minister for Finance interest at the rate appointed by the said Minister on the interest so unpaid from the time appointed as aforesaid until the unpaid interest is paid.

(3) All interest paid to the Minister for Finance by the Company under this section shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.

Repayment of advances.

7.—(1) For the purpose of providing for the repayment by the Company of the advances made to it out of the Central Fund under section 4 of this Act, the Company shall make to the Minister for Finance half-yearly payments commencing on such date, and continuing for such number of years and being of such amounts and payable at such times as the Minister for Finance, after consultation with the Minister, shall appoint, and different dates, numbers of years, amounts, and times may be so appointed in respect of different portions of the advances.

(2) The several half-yearly payments to be made to the Minister for Finance by the Company under this section shall be applied by the said Minister as sinking funds for the repayment of the several portions of the advances in respect of which the half-yearly payments are made and when the Company has paid to the said Minister the full number of half-yearly payments appointed under this section in respect of any portion of the advances (together with any interest which may have become payable under this section in respect of any of the half-yearly payments) that portion of the advances shall be deemed to be fully repaid by the Company, without prejudice to the liability of the Company for any interest then unpaid in respect of that portion of the advances.

(3) If the Company fails to pay to the Minister for Finance any half-yearly payment or portion of a half-yearly payment payable by it to the said Minister under this section at the time appointed in that behalf under this section, the Company shall pay to the said Minister on the half-yearly payment or portion of a half-yearly payment interest at such rate as shall from time to time be appointed by the said Minister in respect thereof from the time appointed as aforesaid until the payment or portion is paid.

(4) All moneys paid by the Company to the Minister for Finance under this section in repayment of advances shall be paid into the Exchequer.

(5) All sums paid by the Company to the Minister for Finance under this section on foot of interest shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.

Short title and collective citation.

8.—(1) This Act may be cited as the Shannon Free Airport Development Company Limited (Amendment) Act, 1961.

(2) The Principal Act and this Act may be cited together as the Shannon Free Airport Development Company Limited Acts, 1959 and 1961.