Electricity (Supply) (Amendment) Act, 1972

In short

This law amends and extends existing Electricity (Supply) Acts, specifically focusing on superannuation (pension) schemes for employees of the Electricity Supply Board and removing certain charges on the Board's property.

What it regulates

Amendments to section 7 of the Electricity Supply Board (Superannuation) Act, 1942.
Provisions for supplementary allowances for certain general employees.
Removal of charges on the property of the Electricity Supply Board.
Repeal of specific sections from previous Electricity (Supply) Acts related to creating charges on Board property.

Who it concerns

The Electricity Supply Board (referred to as "the Board").
General employees of the Board, particularly those in superannuation schemes.

Key points

An amending scheme for the general employees superannuation scheme can allow certain employees to reckon one half of their previous continuous service for superannuation benefit, provided they were not in the Board's service on April 1, 1943, and become a contributing member within three months of the amending scheme's confirmation.
The Board may grant a supplementary allowance to eligible employees, provided they contribute 1 percent of their remuneration from the three years before retirement.
This supplementary allowance, combined with their pension, will be the lesser of either one half of their annual remuneration immediately before retirement or the annual pension if all continuous service had been reckoned.
Any charge on the Board's property created under the Electricity (Supply) Acts, 1927 to 1954, is removed.

Legal text

Electricity (Supply) (Amendment) Act, 1972 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.

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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 1972 Electricity (Supply) (Amendment) Act, 1972 Electricity (Supply) (Amendment) Act, 1972 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 24 of 1972 ELECTRICITY (SUPPLY) (AMENDMENT) ACT, 1972 ARRANGEMENT OF SECTIONS Section 1. Definition. 2. Amendment of section 7 of Act of 1942. 3. Supplementary allowances for certain general employees. 4. Removal of charges on Board property, and consequential repeals. 5. Short title, collective citation and construction. Acts Referred to Electricity Supply Board (Superannuation) Act, 1942 1942, No. 17 Electricity (Supply) (Amendment) Act, 1970 1970, No. 5 Electricity (Supply) Act, 1927 1927, No. 27 Electricity (Supply) (Amendment) (No. 2) Act, 1934 1934, No. 38 Electricity (Supply) (Amendment) Act, 1945 1945, No. 12 Electricity (Supply) (Amendment) Act, 1954 1954, No. 17 Number 24 of 1972 ELECTRICITY (SUPPLY) (AMENDMENT) ACT, 1972 AN ACT TO AMEND AND EXTEND THE ELECTRICITY (SUPPLY) ACTS, 1927 TO 1971. [21st November, 1972] 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 . Amendment of section 7 of Act of 1942. 2.—Section 7 of the Act of 1942 is hereby amended by the insertion after subsection

(8)(inserted by the Electricity (Supply) (Amendment) Act, 1970 ) of the following subsection: “

(9)(

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 general employees 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 general employees 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 general employees 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 general employees. 3.—The Board may, if they so think fit, grant and pay to a person— (
a)to whom subsection

(9)(inserted by this Act) of section 7 of the Act of 1942 applies, (

b)who pays to the Board a contribution equal to 1 per cent 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 general employees 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. Removal of charges on Board property, and consequential repeals. 4.—Any charge on property of the Board which was created under the Electricity (Supply) Acts, 1927 to 1954, is hereby removed, and section 16 of the Electricity (Supply) Act, 1927 , and section 15 of the Electricity (Supply) (Amendment) (No. 2) Act, 1934 , and so much of section 40 of the Electricity (Supply) (Amendment) Act, 1945 , and sections 4 and 6 of the Electricity (Supply) (Amendment) Act, 1954 , as create, or authorise the creation of, a charge on property of the Board, are hereby repealed. Short title, collective citation and construction. 5.—

(1)This Act may be cited as the Electricity (Supply) (Amendment) Act, 1972.

(2)The Electricity (Supply) Acts, 1927 to 1971, and this Act may be cited together as the Electricity (Supply) Acts, 1927 to 1972, and shall be construed together as one Act. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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