TURF DEVELOPMENT ACT, 1953

Type Act
Publication 1953-07-07
Last updated 2011-07-04
State Partially repealed superseded text
Text As published
articles 8

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

6 amending acts · 2011-07-04, Ministers and Secretaries (Amendment) Act 2011

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AN ACT TO AMEND AND EXTEND THE TURF DEVELOPMENT ACTS, 1946 AND 1950. [7th July, 1953.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

1 Definitions.

1.—In this Act—

“the Act of 1950” means the Turf Development Act, 1950 (No. 23 of 1950);

“the Minister” means the Minister for Industry and Commerce;

“the Principal Act” means the Turf Development Act, 1946 (No. 10 of 1946);

“superannuation benefits”, when used in relation to a superannuation scheme, includes pensions, allowances and gratuities.

2 Advances to the Board out of the Central Fund.

2.—(1) Section 53 of the Principal Act is hereby amended by the substitution for subsection (1) (inserted therein by section 3 of the Act of 1950) of the following subsection:

  • “(1) For the purpose of enabling the Board to exercise or perform its functions, the Minister for Finance may, under this section and on the recommendation of the Minister, advance from time to time to the Board, out of the Central Fund or the growing produce thereof, such sums (not exceeding in the aggregate fourteen million pounds) as the Board may from time to time request.”

3 Grants to the Board towards expenses of housing schemes for employees.

3.—Section 6 of the Act of 1950 is hereby amended by the substitution for subsection (2) of the following subsection:

  • “(2) The grants to be made under subsection (1) of this section shall be subject to the following limitations :

    • (a) the total amount thereof shall not exceed four hundred and twenty thousand pounds,

    • (b) a grant in relation to any particular house shall not exceed five hundred and seventy pounds.”

4 Contract of service between Minister and managing director of the Board.

4.—(1) Notwithstanding anything to the contrary in section 9 of the Principal Act the remuneration, period of office (not exceeding five years) and terms of appointment of the managing director of the Board may be fixed by contract entered into with him by the Minister, with the concurrence of the Minister for Finance and the approval of the Government.

5 Members' superannuation scheme.

5.—(1) The Minister, with the concurrence of the Minister for Finance, may make a scheme for the payment, subject to such conditions and limitations as may be prescribed in the scheme, of superannuation benefits on retirement to whole-time members of the Board and may, with the like concurrence, amend any such scheme.

6 Employees' superannuation schemes.

6.—(1) As soon as conveniently may be after the passing of this Act, the Board shall prepare and submit to the Minister schemes for the payment, subject to such conditions and limitations as may be prescribed in the schemes, of superannuation benefits on retirement to persons in the permanent employment of the Board and may prepare different schemes for different classes of such persons.

7 Loans to the Board out of superannuation fund.

7.—The trustees of a superannuation fund set up under section 6 of this Act may from time to time lend to the Board, and the Board may borrow solely for the purposes of its functions, from such trustees, out of such fund such moneys as the trustees and the Board shall think proper and any loans so made shall be subject to such conditions as to payment of interest, repayment and otherwise as may, with the consent of the Minister for Finance, be agreed upon between the trustees and the Board before any such moneys are so lent.

8 Short title, construction and collective citation.

8.—(1) This Act may be cited as the Turf Development Act, 1953.

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