Electricity (Supply) (Amendment) Act, 1970
What is this act about?
This law amends and extends previous Electricity (Supply) Acts, specifically focusing on the financial limits for the Electricity Supply Board's general purposes and making changes to superannuation schemes for certain manual workers.
Who it applies to: The Electricity Supply Board; Manual workers employed by the Electricity Supply Board, particularly those covered by superannuation schemes.
At a glance
- Country
- Ireland
- Area of law
- Energy and network industries
- Articles
- 6
- Source
- irishstatutebook.ie
- Text retrieved
- Explanation updated
What does this act regulate?
- The total expenditure for the Electricity Supply Board's general capital purposes.
- Amendments to the manual workers superannuation scheme, particularly regarding previous service.
- The granting and payment of supplementary allowances to certain manual workers.
- The extension of supplementary allowance provisions to other persons under the Electricity Supply Board (Superannuation) Act, 1942.
Who does this act apply to?
- The Electricity Supply Board.
- Manual workers employed by the Electricity Supply Board, particularly those covered by superannuation schemes.
What are the key points?
- The total expenditure for the Board's general capital purposes shall not exceed two hundred and ninety million pounds.
- An amending scheme for manual workers' superannuation may allow reckoning one half of previous service for superannuation benefit if certain conditions are met.
- Supplementary allowances may be granted to certain manual workers, with the combined pension and allowance not exceeding one half of their annual remuneration or the pension if all continuous service was reckoned, whichever is less.
- Supplementary allowances under section 14 of the Act of 1942 can be extended to additional persons, subject to conditions including a 1% contribution of remuneration over three years.
Energy and network industries
Legal text
Legal text
Electricity (Supply) (Amendment) Act, 1970 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.ie) Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1970 Electricity (Supply) (Amendment) Act, 1970 Electricity (Supply) (Amendment) Act, 1970 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Print Full ActPriontáil an tAcht Iomlán Number 5 of 1970 ELECTRICITY (SUPPLY) (AMENDMENT) ACT, 1970 ARRANGEMENT OF SECTIONS Section
Section 1
Definition.
Section 2
Increase of total expenditure for general purposes.
Section 3
Amendment of section 7 of Act of 1942.
Section 4
Supplementary allowances for certain manual workers.
Section 5
Extension of application of Act of 1942.
Section 6
Short title and collective citation.
Acts Referred to Electricity Supply Board (Superannuation) Act, 1942 1942, No. 17 Electricity (Supply) (Amendment) Act, 1954 1954, No. 17 Electricity (Supply) (Amendment) Act, 1958 1958, No. 35 Number 5 of 1970 ELECTRICITY (SUPPLY) (AMENDMENT) ACT, 1970 AN ACT TO AMEND AND EXTEND THE ELECTRICITY (SUPPLY) ACTS, 1927 TO 1968. [26th May, 1970.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:
Definition.
1.—In this Act “the Act of 1942” means the Electricity Supply Board (Superannuation) Act, 1942 .
Increase of total expenditure for general purposes.
2.—The total expenditure of the Board for general purposes, that is to say for capital purposes other than the electrification of rural areas, shall not exceed two hundred and ninety million pounds and, accordingly, section 2
Amendment of section 7 of Act of 1942.
3.—Section 7 of the Act of 1942 is hereby amended by the addition to the section of the following subsection: “(8) (a) In this subsection ‘previous service’, in relation to a person, means continuous service by the person in the employment of the Board up to the end of the last complete month of such service before the date of admission to the manual workers superannuation scheme. (b) Notwithstanding anything contained in the foregoing provisions of this section, a scheme (in this subsection referred to as an amending scheme) amending the manual workers superannuation scheme may, with respect to any superannuation benefit, provide that if a person who was not in the service of the Board on the 1st day of April, 1943, becomes a contributing member, for the purposes of that benefit, before three months after the day on which the amending scheme is confirmed by the Minister, the Board shall make payments in respect of the previous service of the person to the fund set up for the purposes of the manual workers superannuation scheme, and the person shall be entitled to reckon one half, but no more, of his previous service for that superannuation benefit.”
Supplementary allowances for certain manual workers.
4.—The Board may, if they so think fit, grant and pay to a person— (a) to whom subsection (8) (inserted by this Act) of section 7 of the Act of 1942 applies, (b) who pays to the Board a contribution equal to 1% of the remuneration paid to him by the Board during the three years immediately before his retirement from the employment of the Board, and (c) who is in receipt of a pension under the manual workers superannuation scheme (within the meaning of the Act of 1942), a supplementary allowance for his life the annual amount of which together with the annual amount of the pension aforesaid is equal to— (i) one half of the annual rate of the remuneration paid to the person by the Board immediately before his retirement from the employment of the Board, or (ii) the annual amount of the pension which would have been payable to the person aforesaid if the whole of his continuous service in the employment of the Board had been reckoned therefor, whichever is the less.
Extension of application of Act of 1942.
5.—(1) The Board may, if they so think fit, grant and pay a supplementary allowance under section 14 of the Act of 1942 to a person— (a) to whom paragraphs (a), (c) and (d) of that section apply, (b) who is either in the employment of the Board at the passing of this Act or was, on or after the 22nd day of July, 1967, in receipt of a pension under a scheme prepared and confirmed under that Act, and (c) who pays to the Board contributions of an amount equal to one per cent. of the total remuneration paid to him by the Board during the three years immediately before his retirement from the employment of the Board, subject to the limitation that the aggregate of the annual amount of the pension under a scheme aforesaid to which he is or becomes entitled and of the allowance shall not exceed— (i) one half of the annual rate of the remuneration paid to the person by the Board immediately before his retirement from the employment of the Board, or (ii) the annual amount of the pension which would have been payable to the person under a scheme aforesaid if the whole of his continuous service in the employment of the Board had been reckoned therefor, whichever is the less.
Short title and collective citation.
6.—(1) This Act may be cited as the Electricity (Supply) (Amendment) Act, 1970.
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