In short
This law allows the Commissioners of Public Works in Ireland to take on the role of trustee for certain trusts, including the Barretstown Castle Trust, and to manage the property and funds associated with these trusts.
What it regulates
- The ability of the Commissioners of Public Works to become trustees.
- The acceptance of the trusteeship for the Barretstown Castle Trust.
- The holding of property (real or personal) by the Commissioners as trustees.
- The classification of land held by the Commissioners as trustees.
Who it concerns
- The Commissioners of Public Works in Ireland.
- The Minister for Finance.
- Trusts, such as the Barretstown Castle Trust, that may have the Commissioners as trustees.
Key points
- The Commissioners may accept trusteeship and act as trustees with the consent of the Minister for Finance.
- They can hold funds and property of a trust according to the trust's governing documents.
- Land vested in the Commissioners as trustees under this Act is not automatically considered State land under the State Property Act, 1954.
- The Act specifically allows the Commissioners to accept the trusteeship of the Barretstown Castle Trust, established on January 21st, 1977.
đ Legal text
Commissioners of Public Works in Ireland (Acceptance of Trusteeship) Act, 1978
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1978
Commissioners of Public Works in Ireland (Acceptance of Trusteeship) Act, 1978
Commissioners of Public Works in Ireland (Acceptance of Trusteeship) Act, 1978
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Number 15 of 1978
COMMISSIONERS OF PUBLIC WORKS IN IRELAND (ACCEPTANCE OF TRUSTEESHIP) ACT, 1978
ARRANGEMENT OF SECTIONS
Section
1.
Interpretation.
2.
Acceptance by Commissioners of trusteeship of Barretstown Castle Trust.
3.
Power to Commissioners to accept trusteeships and act as trustees.
4.
Land vested in Commissioners as trustees not to be State land.
5.
Short title.
Number 15 of 1978
COMMISSIONERS OF PUBLIC WORKS IN IRELAND (ACCEPTANCE OF TRUSTEESHIP) ACT, 1978
AN ACT TO PROVIDE FOR THE ACCEPTANCE BY THE COMMISSIONERS OF PUBLIC WORKS IN IRELAND OF THE TRUSTEESHIP OF THE BARRETSTOWN CASTLE TRUST AND TO PROVIDE FOR THE ACCEPTANCE BY THE SAID COMMISSIONERS OF OTHER TRUSTEESHIPS AND TO PROVIDE FOR OTHER MATTERS RELATED THERETO. [28th June, 1978]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS :
Interpretation.
1.âIn this Actâ
âthe Commissionersâ means the Commissioners of Public Works in Ireland;
âthe Ministerâ means the Minister for Finance.
Acceptance by Commissioners of trusteeship of Barretstown Castle Trust.
2.âThe Commissioners may, with the consent of the Minister, accept the trusteeship and act as trustees of the trust fund known as the Barretstown Castle Trust which was established by an indenture dated the 21st day of January, 1977, and made between Abraham Kramer, Harold William Bailey, Alexis FitzGerald and Robert William Roche Johnston (therein referred to as the Foundation Trustees) of the one part and Abraham Kramer, Harold William Bailey, Alexis FitzGerald and Robert William Roche Johnston (therein referred to as the Trustees) of the other part and may hold the funds of the said trust and all property real and personal comprised therein upon the trusts and with and subject to the powers and provisions of that indenture.
Power to Commissioners to accept trusteeships and act as trustees.
3.âThe Commissioners may, with the consent of the Minister, accept the trusteeship and act as trustees (with or without any other person) of any trust which has been, or may hereafter be, established by any deed, testamentary disposition or other instrument, and also may, with the like consent, hold the property, real or personal, which is subject to such trusts upon the trusts and with and subject to the powers and provisions affecting the same.
Land vested in Commissioners as trustees not to be State land.
4.âAny land which is vested in the Commissioners as trustees pursuant to the provisions of this Act shall not, of itself, cause the said land to be State land within the meaning of the
State Property Act, 1954
.
Short title.
5.âThis Act may be cited as the Commissioners of Public Works in Ireland (Acceptance of Trusteeship) Act, 1978.
Act Referred to
State Property Act, 1954
1954, No. 25
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AI explanation based on the official legal text. Indicative, not a substitute for legal advice.