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Great Southern Railways Company (Superannuation Scheme) Act, 1947

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Number 21 of 1947.

GREAT SOUTHERN RAILWAYS COMPANY (SUPERANNUATION SCHEME) ACT, 1947.

ARRANGEMENT OF SECTIONS

PART I.

Preliminary and General.

Section

1.

Short Title.

2.

Definitions.

3.

Reimbursement of Corporation's expenses of promoting the proposed British Bill.

4.

Commencement of Part II.

PART II.

Confirmation of new Superannuation Scheme and Provisions in relation to Sections C and D of the old Fund.

5.

The operative date.

6.

Confirmation of the new superannuation scheme.

7.

Expenses of transfer of assets of Sections C and D of the old Fund.

8.

Liability of Company to pay benefits to the extent to which the new Fund is insufficient.

9.

Amendment of section 45 of the Transport Act, 1944.

10.

Provisions in relation to Sections C and D of the old Fund.

SCHEDULE.

The New Superannuation Scheme

Acts Referred to

Transport Act, 1944

No. 21 of 1944

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Number 21 of 1947.

GREAT SOUTHERN RAILWAYS COMPANY (SUPERANNUATION SCHEME) ACT, 1947.

AN ACT TO ESTABLISH A SCHEME FOR THE PROVISION OF SUPERANNUATION ALLOWANCES FOR OR IN RESPECT OF CERTAIN EMPLOYEES OF THE FORMER GREAT SOUTHERN RAILWAYS COMPANY SOME OF WHOM ARE OR ARE ENTITLED TO BECOME MEMBERS OF THE FUND OF THE RAILWAY CLEARING SYSTEM SUPERANNUATION FUND CORPORATION, AND TO PROVIDE FOR CERTAIN OTHER MATTERS CONNECTED WITH THE MATTERS AFORESAID. [19th July, 1947.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—