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Number 13 of 1982
IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1982
ARRANGEMENT OF SECTIONS
Section | |
Acts Referred to | |
1960, No. 32 | |
1979, No. 13 |
Number 13 of 1982
IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1982
Interpretation and construction.
1.—(1) In this Act—
“the Act of 1979” means the Irish Steel Holdings Limited (Amendment) Act, 1979;
“the Principal Act” means the Irish Steel Holdings Limited Act, 1960.
(2) This Act shall be construed as one with the Principal Act.
Amendment of section 2 of Principal Act.
2.—Section 2 of the Principal Act (which provides that the share capital of the Company shall be £25,000,000) is hereby amended by the substitution of “£50,000,000” for “£25,000,000” (inserted by section 3 of the Act of 1979), and section 2 of the Principal Act, as so amended, is set out in the Table to this section.
TABLE
2.—Notwithstanding anything contained in the Companies Acts or in the memorandum or articles of association of the Company, the share capital of the Company shall be £50,000,000 divided into shares of one pound each and the Company shall have power, with the consent of the Minister for Finance, to divide the shares in the capital of the Company into several classes and to attach thereto respectively any preferential, deferred, qualified or special rights, privileges or conditions.
Amendment of section 3 of Principal Act.
3.—Section 3 (1) of the Principal Act (which imposes a limit of £25,000,000 on the acquisition of shares of the Company by the Minister for Finance) is hereby amended by the substitution of “£50,000,000” for “£25,000,000” (inserted by section 4 of the Act of 1979), and section 3 (1) of the Principal Act, as so amended, is set out in the Table to this section.
TABLE
3.—(1) The Minister for Finance may, after consultation with the Minister, from time to time, take up by subscription or purchase from the holder shares of the Company of any class or classes to an amount not exceeding in the aggregate £50,000,000 including any sum expended before the passing of this Act on such purchases from moneys provided by the Oireachtas.
Amendment of section 9 of Principal Act.
4.—Section 9 of the Principal Act (which imposes a limit of £60,000,000 on the guarantee by the Minister of the repayment of moneys borrowed by the Company) is hereby amended by the substitution in subsection (3) of “£75,000,000” for “£60,000,000” (inserted by section 5 of the Act of 1979), and the said subsection, as so amended, is set out in the Table to this section.
TABLE
(3) The Minister shall not so exercise the powers conferred by Subsections (1) and (2) of this section that the amount, or the aggregate amount, of principal which he may at any one time be liable to repay on foot of any guarantee or guarantees under those subsections for the time being in force, together with the amount of principal (if any) which the Minister has previously paid on foot of any such guarantees and has not been repaid by the Company, exceeds £75,000,000.
Remuneration of Officers and servants of Company.
5.—(1) The Act of 1979 is hereby amended by the substitution for section 6 of the following section:
“6.—(1) There shall be paid by the Company to its officers and servants such remuneration and allowances for expenses as the Company thinks fit, subject to, in the case of its chief officer (whether that officer is so described or otherwise), the approval of the Minister given with the consent of the Minister for the Public Service.
(2) In determining the remuneration or allowances for expenses to be paid to its officers or servants or the terms or conditions subject to which such officers or servants hold or are to hold their employment, the Company shall have regard either to Government or nationally agreed guidelines which are for the time being in force, or to Government policy concerning remuneration and conditions of employment which is so in force, and, in addition to the foregoing, the Company shall comply with any directives with regard to such remuneration, allowances, terms or conditions which the Minister may give from time to time to the Company with the consent of the Minister for the Public Service.”.
Short title and collective citation.
6.—(1) This Act may be cited as the Irish Steel Holdings Limited (Amendment) Act, 1982.
(2) The Irish Steel Holdings Limited Acts, 1960 to 1979, and this Act may be cited together as the Irish Steel Holdings Limited Acts, 1960 to 1982.
Uimhir 13 de 1982
AN tACHT UM GHABHÁLTAIS CHRUACH NA hÉIREANN TEORANTA (LEASÚ), 1982
[An tiontú oifigiúil]
Léiriú agus forléiriú.
1.—(1) San Acht seo—
ciallaíonn “Acht 1979” an tAcht um Ghabháltais Chruach na hÉireann Teoranta (Leasú), 1979;
ciallaíonn “an Príomh-Acht” an tAcht um Ghabháltais Chruach na hÉireann Teoranta, 1960.
(2) Forléireofar an tAcht seo agus an Príomh-Acht mar aon ní amháin.
Leasú ar alt 2 den Phríomh-Acht.
2.—Leasaítear leis seo alt 2 den Phríomh-Acht (a fhorálann gur £25,000,000 scairchaipiteal na Cuideachta) trí “£50,000,000” a chur in ionad “£25,000,000” (a cuireadh isteach le halt 3 d'Acht 1979), agus tá alt 2 den Phríomh-Acht, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an alt seo.
AN TÁBLA |
2.—D'ainneoin aon ní in Achtanna na gCuideachtaí nó i meabhrán comhlachais nó in airteagail chomhlachais na Cuideachta, is é scairchaipiteal na Cuideachta £50,000,000 arna roinnt ina scaireanna punt an ceann agus beidh cumhacht ag an gCuideachta, le toiliú an Aire Airgeadais, na scaireanna i gcaipiteal na Cuideachta a roinnt ina n-aicmí leithleacha agus aon chearta, pribhléidí nó coinníollacha tosaíochta, siarainn, cáilithe nó speisialta a chur ag gabháil leo faoi seach. |
Leasú ar alt 3 den Phríomh-Acht.
3.—Leasaítear leis seo alt 3 (1) den Phríomh-Acht (a chuireann £25,000,000 de theorainn leis na scaireanna a fhéadfaidh an tAire Airgeadais a thógáil sa Chuideachta) trí “£50,000,000” a chur in ionad “£25,000,000” (a cuireadh isteach le halt 4 d'Acht 1979), agus tá alt 3 (1) den Phríomh-Acht, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an alt seo.
AN TÁBLA |
3.—(1) Féadfaidh an tAire Airgeadais ó am go ham, tar éis dó dul i gcomhairle leis an Aire, scaireanna d'aon aicme nó aicmí sa Chuideachta a thógáil trí shuibscríobh nó trína gceannach ón sealbhóir suas go dtí méid nach mó san iomlán ná £50,000,000, lena n-áirítear aon suim a caitheadh roimh dháta an Achta seo a rith le ceannach den sórt sin as airgead a sholáthraigh an tOireachtas. |
Leasú ar alt 9 den Phríomh-Acht.
4.—Leasaítear leis seo alt 9 den Phríomh-Acht (a chuireann £60,000,000 de theorainn leis an ráthaíocht ón Aire go n-aisíocfar airgead a gheobhaidh an Chuideachta ar iasacht) trí “£75,000,000” a chur in ionad “£60,000,000” (a cuireadh isteach le halt 5 d'Acht 1979) i bhfo-alt (3), agus tá an fo-alt sin, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an alt seo.
AN TÁBLA |
(3) Ní dhéanfaidh an tAire na cumhachtaí a thugtar le fo-ailt (1) agus (2) den alt seo a fheidhmiú i slí go mbeidh méid, nó méid comhiomlán, na príomhshuime a dhlífidh sé aon tráth áirithe a aisíoc ar scór aon ráthaíochta nó ráthaíochtaí faoi na fo-ailt sin a bheidh i bhfeidhm de thuras na huaire, mar aon le méid na príomhshuime (más ann) a bheidh íoctha cheana ag an Aire ar scór aon ráthaíochtaí den sórt sin agus nach mbeidh aisíoctha ag an gCuideachta, níos mó ná £75,000,000. |
Luach saothair oifigigh agus seirbhísigh na Cuideachta.
5.—(1) Leasaítear leis seo Acht 1979 tríd an alt seo a leanas a chur in ionad alt 6:
“6.—(1) Íocfaidh an Chuideachta lena hoifigigh agus lena seirbhísigh cibé luach saothair agus liúntais i leith caiteachas is cuí leis an gCuideachta, faoi réir, i gcás a príomh-oifigigh (cibé acu is príomh-oifigeach nó eile a thabharfar de thuairisc ar an oifigeach sin), cheadú an Aire arna thabhairt le toiliú Aire na Seirbhíse Poiblí.
(2) Le linn don Chuideachta bheith ag cinneadh cad é an luach saothair nó cad iad na liúntais i leith caiteachas a bheidh le híoc aici lena hoifigigh nó lena seirbhísigh nó cad iad na téarmaí nó na coinníollacha faoina dteachtann nó faoina dteachtfaidh na hoifigigh nó na seirbhísigh sin a bhfostaíocht, tabharfaidh an Chuideachta aird ar threoirlínte an Rialtais nó ar threoirlínte a aontaíodh ar bhonn náisiúnta a bhfuil feidhm acu de thuras na huaire, nó ar bheartas an Rialtais i dtaobh luach saothair agus coinníollacha fostaíochta a bhfuil feidhm aige amhlaidh, agus, i dteannta a bhfuil ansin roimhe seo, déanfaidh an Chuideachta de réir aon treoracha maidir leis an luach saothair, na liúntais, na téarmaí nó na coinníollacha sin a thabharfaidh an tAire ó am go ham don Chuideachta le toiliú Aire na Seirbhíse Poiblí.”.
Gearrtheideal agus comhlua.
6.—(1) Féadfar an tAcht um Ghabháltais Chruach na hÉireann Teoranta (Leasú), 1982, a ghairm den Acht seo.
(2) Féadfar na hAchtanna um Ghabháltais Chruach na hÉireann Teoranta, 1960 go 1982, a ghairm de na hAchtanna um Ghabháltais Chruach na hÉireann Teoranta, 1960 go 1979, agus den Acht seo le chéile.
Na hAchtanna dá dTagraítear | |
An tAcht um Ghabháltais Chruach na hÉireann Teoranta (Leasú), 1979 |