S.I. No. 181/1982:

CÓRAS IOMPAIR ÉIREANN SUPERANNUATION SCHEME FOR REGULAR WAGES STAFF (AMENDMENT) SCHEME (CONFIRMATION) ORDER, 1982.

CÓRAS IOMPAIR ÉIREANN SUPERANNUATION SCHEME FOR REGULAR WAGES STAFF (AMENDMENT) SCHEME (CONFIRMATION) ORDER, 1982.

I, JOHN P. WILSON, Minister for Transport, in exercise of the powers conferred on me by section 44 of the Transport Act, 1950 (No. 12 of 1950), as adapted by the Transport, Fuel and Power (Transfer of Departmental Administration and Ministerial Functions) Order, 1959 ( S.I. No. 125 of 1959 ), and the Tourism and Transport (Alteration of Name of Department and Title of Minister) Order, 1980 ( S.I. No. 11 of 1980 ), hereby, after consultation with the Minister for the Public Service, order as follows:--

1. This Order may be cited as the Coras Iompair Eireann Superannuation Scheme for Regular Wages Staff (Amendment) Scheme (Confirmation) Order, 1982.

2. In this Order "the amending scheme" means the scheme amending the Coras Iompair Eireann Superannuation Scheme for Regular Wages Staff prepared by the Board and submitted to the Minister under Section 44 of the Transport Act, 1950 (No. 12 of 1950), and set out in the Schedule to this Order.

3. The amending scheme is hereby confirmed and shall be deemed to have come into operation on the 6th day of April, 1980.

SCHEDULE

CÓRAS IOMPAIR ÉIREANN SUPERANNUATION SCHEME FOR REGULAR WAGES STAFF (AMENDMENT) SCHEME, 1982.

1. Definitions:

In this amending Scheme "the existing Scheme" means the Coras Iompair Eireann Superannuation Scheme for Regular Wages Staff confirmed by S. R. & O. No. 242 of 1945 and subsequently amended by amending schemes confirmed by Statutory Instruments numbered 115 of 1949, 34 of 1955, 226 of 1957, 56 of 1961, 48 of 1965, 7 of 1967, 58 of 1969,77 of 1971, 252 of 1974, 288 of 1977 and 74 of 1980.

The term "operative date" means the date prescribed by the Order confirming this amending Scheme as the date upon which the amending Scheme is to come into operation.

2. Amendment of the existing Scheme:

The existing Scheme shall be amended with effect on and from the operative date in the following manner:--

(i) Sub-paragraph (c) of paragraph (1) of Article 8 of the Amendment Scheme set out in the schedule to S.I. No. 226 of 1957 shall be deleted.

(ii) The words "and subject to the deduction of tax at the appropriate rate under Section 21 of the Finance Act, 1972 " shall be inserted after the words "of this Article" in paragraph (1) of Article 11 of the Amendment Scheme set out in the Schedule to S.I. No. 226 of 1957 .

GIVEN under my Official Seal, this 17th day of June, 1982.

JOHN P. WILSON,

Minister for Transport.

EXPLANATORY NOTE.

The purpose of the amending Scheme is to bring certain provisions of the existing scheme into line with the requirements of the Finance Act, 1972 in connection with the obtaining of approval by the Revenue Commissioners.