In short
This law amends and extends existing Electricity (Supply) Acts, specifically focusing on financial provisions for rural electrification and the overall capital expenditure limits for the Electricity Supply Board.
What it regulates
- Advances of money for rural electrification.
- The total expenditure allowed for the Board's general capital purposes.
- The repeal of certain sections from previous Electricity (Supply) (Amendment) Acts.
Who it concerns
- The Minister for Finance.
- The Minister (presumably the Minister responsible for electricity supply).
- The Board (Electricity Supply Board).
Key points
- The Minister for Finance can advance up to ten million pounds to the Board for rural electrification.
- These advanced moneys must be repaid to the Central Fund.
- The total expenditure of the Board for all capital purposes shall not exceed four hundred and fifty million pounds.
- Expenditure on the electrification of rural areas is included in the Board's general purposes.
đ Legal text
Electricity (Supply) (Amendment) Act, 1971
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Electricity (Supply) (Amendment) Act, 1971
Electricity (Supply) (Amendment) Act, 1971
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Number 18 of 1971
ELECTRICITY (SUPPLY) (AMENDMENT) ACT, 1971
ARRANGEMENT OF SECTIONS
Section
1.
Advances to Board for rural electrification.
2.
Amendment of section 2 of Electricity (Supply) (Amendment) Act, 1954.
3.
Repeals.
4.
Short title, collective citation and construction.
SCHEDULE
Act Referred to
Electricity (Supply) (Amendment) Act, 1954
1954, No. 17
Number 18 of 1971
ELECTRICITY (SUPPLY) (AMENDMENT) ACT, 1971
AN ACT TO AMEND AND EXTEND THE ELECTRICITY (SUPPLY) ACTS, 1927 TO 1970. [21st July, 1971.]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:
Advances to Board for rural electrification.
1.â(1) The Minister for Finance may, on the recommendation of the Minister, advance moneys to the Board out of the Central Fund or the growing produce thereof for the electrification of rural areas.
(2) The total amount advanced to the Board under this section shall not exceed ten million pounds.
(3) The moneys advanced to the Board under this section by the Minister for Finance shall be repaid to the Central Fund out of moneys provided by the Oireachtas at such time or times as the Minister for Finance shall direct.
Amendment of section 2 of Electricity (Supply) (Amendment) Act, 1954.
2.â
Section 2
of the
Electricity (Supply) (Amendment) Act, 1954
, is hereby amendedâ
(a) by the substitution for subsection (1) of the following subsectionâ
â(1) The total expenditure of the Board for general purposes, that is to say for all capital purposes shall not exceed four hundred and fifty million pounds.â, and
(b) by the insertion in subsection (2) after subparagraph (f) of the followingâ
â(g) expenditure on the electrification of rural areas.â.
Repeals.
3.âThe enactments mentioned in the
Schedule
to this Act are hereby repealed to the extent specified in the third column of that Schedule.
Short title, collective citation and construction.
4.â(1) This Act may be cited as the Electricity (Supply) (Amendment) Act, 1971.
(2) The Electricity (Supply) Acts, 1927 to 1970, and this Act may be cited together as the Electricity (Supply) Acts, 1927 to 1971.
(3) The Acts and this Act shall be construed together as one Act.
SCHEDULE
Section 3
.
Number and Year
Short Title
Extent of Repeal
No. 20 of 1955.
Electricity (Supply) (Amendment) Act, 1955
.
Section 2
.
No. 35 of 1958.
Electricity (Supply) (Amendment) Act, 1958
.
Section 2
.
No. 24 of 1962.
Electricity (Supply) (Amendment) Act, 1962
.
Subsections (1), (2) and (3) of
section 5
.
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AI explanation based on the official legal text. Indicative, not a substitute for legal advice.