S.I. No. 102/1991 -- Irish Sugar (Prescribed Conditions) (Disposal of Shares) Regulations, 1991.
S.I. No. 102/1991: IRISH SUGAR (PRESCRIBED CONDITIONS) (DISPOSAL OF SHARES) REGULATIONS, 1991. |
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IRISH SUGAR (PRESCRIBED CONDITIONS) (DISPOSAL OF SHARES) REGULATIONS, 1991. |
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I, ALBERT REYNOLDS, Minister for Finance, in exercise of the powers conferred on me by section 2 (7) and (8) of the Sugar Act, 1991 (No. 3 of 1991), following consultation with the Minister for Agriculture and Food hereby make the following Regulations: |
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1. (1) These Regulations may be cited as the Irish Sugar (Prescribed Conditions) (Disposal of Shares) Regulations, 1991. |
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(2) These Regulations shall come into operation on the 26th day of April, 1991. |
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2. (1) The Minister may dispose of shares in the Holding Company valued at £250.70 for no consideration to each person who belongs to either of the classes of person prescribed by paragraph (2) of this Regulation. |
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(2) The classes of specified persons to which the conditions prescribed by paragraph (1) of the Regulation apply are-- |
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( a ) all persons who were employed by the Company on the 27th February, 1991, and |
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( b ) all persons who were employed directly by the Company to process sugar beet harvested in each of the four beet campaigns preceding the passing of the Irish Sugar Act, 1991 . |
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(3) In this Regulation "beet campaign" means a season of sugar beet harvesting for the Company. |
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GIVEN under my Official Seal this 26th day of April, 1991. |
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ALBERT REYNOLDS, |
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Minister for Finance. |
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