Patents Act , 1992

1 Short title.

1.—This Act may be cited as the Limerick Markets Act, 1992.

2 Definitions.

2.—In this Act the following expressions shall have the following meanings assigned to them, that is to say—

“the Act of 1852” means the Limerick Markets Act, 1852;

“the Act of 1862” means the Limerick Markets Act, 1862;

“the Act of 1872” means the Limerick Markets Act, 1872;

“the Act of 1921” means the Limerick Markets Act, 1921;

“the Trustees” means the Limerick Market Trustees.

3 Amendment of section XXX of Act of 1852.

3.—Section XXX of the Act of 1852 is hereby amended by deleting the words—

“as are in Schedule (C.) to this Act annexed respectively mentioned or referred to”,

and substituting therefor—

“as the Trustees shall from time to time decide”.

4 Repeal of section XXXV of Act of 1852 and substitution therefor.

4.—Section XXXV of the Act of 1852 is hereby repealed and the following section shall be substituted therefor:

“XXXV. If lands or premises which, at any time shall (in the opinion of the Trustees), not be necessary for the purposes of these Acts; then it shall be lawful for the Trustees to sell, lease, surrender or otherwise dispose of, the same or any part thereof to any person at such times and in such manner as they shall think fit.”.

5 Abolition of existing tolls.

5.—Tolls which by the Acts of 1852, 1862, 1872 and 1921 respectively are authorised to be taken by the Trustees shall from and after the passing of this Act cease and be absolutely extinguished.

6 Provision for new tolls, stallage charges and rents.

6.—It shall be lawful for the Trustees to demand and take, in lieu of the tolls authorised to be taken by the Acts of 1852, 1862, 1872 and 1921 such tolls, stallage charges and rents as the Trustees may from time to time determine and the provisions of sections 36, 37, 39 and 41 of the Markets and Fairs Clauses Act, 1847 shall not apply to the Limerick Markets.

7 Repeal of section XXIV of Act of 1852 and section 3 of Act of 1862.

7.—Section XXIV of the Act of 1852 and section 3 of the Act of 1862 are hereby repealed.

8 Power to borrow.

8.—It shall be lawful for the Trustees to borrow, at any rate of interest on mortgage of the lands, works, rents and tolls hereby authorised to be purchased, hired, appropriated or taken or on any property which may be vested in the said Trustees, by virtue of this section any sum or sums of money which the Trustees may approve.

9 Amendment of section LVI of Act of 1852.

9.—Section LVI of the Act of 1852 is hereby amended by deleting “, not exceeding Two Pounds each, for every Day they shall be fully employed in auditing any Accounts under this Act,”.

10 Expenses.

10.—All the costs, charges and expenses preliminary to, and of and incidental to, preparing, applying for, obtaining and passing of this Act shall be paid by the Trustees.