Uimhir 25 de 1961.

AN tACHT AERLOINGSEOIREACHTA AGUS AERIOMPAIR, 1961.

[An tiontú oifigiúil.]

Léiriú.

1936, Uimh. 40.

1. San Acht seo—

ciallaíonn “an Chuideachta” Aer Rianta, Teoranta, is é sin, an Chuideachta a bunaíodh de bhun alt 68 den Acht um Aer-Loingseoireacht agus Aer-Iompar, 1936;

ciallaíonn “an tAire” an tAire Iompair agus Cumhachta.

Caipiteal na Cuideachta a mhéadú.

1946, Uimh. 23.

1959, Uimh. 29.

2.—Déantar leis seo fo-alt (1) d'alt 21 den Acht Aerloingseoireachta agus Aeriompair, 1946, a leasú trí “£13,000,000 (trí mhilliún déag punt) arna roinnt ina thrí mhilliún déag scaireanna de phunt an ceann” a chur in ionad “£10,000,000 (deich milliún punt) arna roinnt ina dheich milliún scaireanna de phunt an ceann” (a cuireadh isteach leis an Acht Aerloingseoireachta agus Aeriompair (Uimh. 2), 1959), agus déanfar aon tagairt i gCuid IV den Acht sin don alt sin 21 a fhorléiriú mar thagairt a fholaíonn tagairt don alt sin arna leasú leis an alt seo.

Airleacain don Chuideachta as an bPríomh-Chiste.

3.—(1) Chun an chumasú don Chuideachta a feidhmeanna a chomhlíonadh, féadfaidh an tAire Airgeadais, ar mholadh an Aire, cibé suimeanna (nach mó ná milliún punt san iomlán) a iarrfaidh an Chuideachta ó am go ham a thabhairt ar airleacan ó am go ham don Chuideachta as an bPríomh-Chiste nó a thoradh fáis.

(2) Na suimeanna a airleacfar faoin alt seo is chun feidhmeanna na Cuideachta agus chucu sin amháin a chaithfidh an Chuideachta iad.

(3) Beidh na suimeanna a airleacfar faoin alt seo inaisíoctha maille le hús de réir na bhforálacha ina dhiaidh seo den Acht seo.

Airgead a sholáthar chun airleacain a thabhairt don Chuideachta as an bPríomh-Chiste.

4.—(1) Chun soláthar a dhéanamh le haghaidh suimeanna a airleacan as an bPríomh-Chiste faoi alt 3 den Acht seo, féadfaidh an tAire Airgeadais cibé suimeanna is gá chun na críche sin a fháil ar iasacht ar urrús an Phríomh-Chiste nó a thoradh fáis, agus féadfaidh an tAire Airgeadais, chun críocha na hiasachta sin, urrúis a bhunú agus a eisiúint agus iad faoi réir cibé ráta úis agus faoi réir cibé coinníollacha i dtaobh aisíoca, fuascailte nó eile is oiriúnach leis, agus íocfaidh sé isteach sa Státchiste an t-airgead go léir a gheofar ar iasacht amhlaidh.

(2) Is ar an bPríomh-Chiste nó a thoradh fáis a bheidh muirear agus íoc príomhshuime agus úis aon urrús a eiseofar faoin alt seo agus muirear agus íoc an chaiteachais faoina rachfar i ndáil leis na hurrúis a eisiúint.

Us a íoc ar airleacain inaisíoctha.

5.—(1) Íocfaidh an Chuideachta leis an Aire Airgeadais ar gach suim a airleacfar chun na Cuideachta as an bPríomh-Chiste faoi alt 3 den Acht seo ús ó dháta na suime a airleacan 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 leathanta 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 inaisíoctha a aisíoc.

6.—(1) Chun soláthar a dhéanamh le haghaidh na Cuideachta d'aisíoc na n-airleacan a bheidh tugtha di as an bPríomh-Chiste faoi alt 3 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, suimeanna agus tráthanna éagsúla a cheapadh amhlaidh 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 an tráth sin 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.

7.—(1) Féadfar an tAcht Aerloingseoireachta agus Aeriompair, 1961, a ghairm den Acht seo.

(2) Féadfar na hAchtanna Aerloingseoireachta agus Aeriompair, 1936 go 1961, a ghairm de na hAchtanna Aerloingseoireachta agus Aeriompair, 1936 go 1959, agus den Acht seo le chéile.

Number 25 of 1961.

AIR NAVIGATION AND TRANSPORT ACT, 1961.

ARRANGEMENT OF SECTIONS

Number 25 of 1961.

AIR NAVIGATION AND TRANSPORT ACT, 1961.

Interpretation.

1.—In this Act—

“the Company” means Aer Rianta, Teoranta, being the Company formed in pursuance of section 68 of the Air Navigation and Transport Act, 1936;

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

Increase of capital of the Company.

2.—Subsection (1) of section 21 of the Air Navigation and Transport Act, 1946, is hereby amended by the substitution of “£13,000,000 (thirteen million pounds) divided into thirteen million shares of one pound each” for “£10,000,000 (ten million pounds) divided into ten million shares of one pound each” (inserted by the Air Navigation and Transport (No. 2) Act, 1959, and any reference in Part IV of that Act to the said section 21 shall be construed as including a reference to that section as amended by this section.

Advances to the Company out of the Central Fund.

3.—(1) For the purpose of enabling the Company to perform its functions, the Minister for Finance may, on the recommendation of the Minister, advance from time to time to the Company, out of the Central Fund or the growing produce thereof, such sums (not exceeding in the aggregate one million pounds) as the Company may from time to time request.

(2) The sums advanced under this section shall be expended by the Company solely for the purpose of the functions of the Company.

(3) The sums advanced under this section shall be repayable with interest in accordance with the subsequent provisions of this Act.

Provision of money for advances to the Company out of the Central Fund.

4.—(1) The Minister for Finance may, for the purpose of providing for the advance of sums out of the Central Fund under section 3 of this Act borrow on the security of the Central Fund or the growing produce thereof such sums as shall be required for that purpose, and the Minister for Finance may, for the purposes of such borrowing, create and issue securities bearing such rate of interest and subject to such conditions as to repayment, redemption, or otherwise as he thinks fit, and shall pay all moneys so borrowed into the Exchequer.

(2) The principal of and interest on all securities issued under this section and the expenses incurred in connection with the issue of the securities shall be charged on and payable out of the Central Fund or the growing produce thereof.

Payment of interest on repayable advances.

5.—(1) The Company shall pay to the Minister for Finance on every sum advanced to the Company out of the Central Fund under section 3 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 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 repayable advances.

6.—(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 3 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.

7.—(1) This Act may be cited as the Air Navigation and Transport Act, 1961.

(2) The Air Navigation and Transport Acts, 1936 to 1959, and this Act may be cited together as the Air Navigation and Transport Acts, 1936 to 1961.