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Youth Employment Agency Act, 1981

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Number 32 of 1981

YOUTH EMPLOYMENT AGENCY ACT, 1981

ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

Formation and registration of Agency.

3.

Name and capital of Agency.

4.

Memorandum of association of Agency.

5.

Articles of association of Agency.

6.

Alteration of memorandum and articles of association of Agency.

7.

Directors of Agency.

8.

Advances by Minister.

9.

Power of Minister to acquire shares by subscription.

10.

Powers of Minister as shareholder.

11.

Obligations to hold shares in trust for Minister.

12.

Obligation to furnish balance sheets, etc.

13.

Winding up of Agency.

14.

Membership of either House of Oireachtas or European Assembly by directors, officers or servants of Agency.

15.

Youth Employment Levy.

16.

Payment of levy by individuals with reckonable earnings.

17.

Payment of levy by individuals with emoluments other than reckonable earnings.

18.

Payment of levy by individuals with income other than emoluments.

19.

Variation of rates of levy and suspension of levy.

20.

Regulations and recovery of levy.

21.

Collection of levy.

22.

Exemptions.

23.

Offences.

24.

Payment of levy into Social Insurance Fund and to Minister.

25.

Supplying by Revenue Commissioners of certain information.

26.

Provisions relating to winding up and bankruptcy.

27.

Sanction of Minister for Finance and Minister for Health to certain regulations.

28.

Laying of regulations before Oireachtas.

29.

Exemption from stamp duties.

30.

Expenses.

31.

Commencement.

32.

Short title.

Acts Referred to

Companies Act, 1963

1963, No. 33

Companies (Amendment) Act, 1977

1977, No. 31

Finance Act, 1895

1895, c. 16

Finance Act, 1980

1980, No. 14

Health Act, 1970

1970, No. 1

Income Tax Act, 1967

1967, No. 6

Interpretation Act, 1937

1937, No. 38

Preferential Payments in Bankruptcy (Ireland) Act, 1889

1889, c. 60

Stamp Act, 1891

1891, c. 39

Social Welfare (Consolidation) Act, 1981

1981, No. 1

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Number 32 of 1981

YOUTH EMPLOYMENT AGENCY ACT, 1981

AN ACT TO PROVIDE FOR THE PROMOTION BY THE MINISTER FOR LABOUR OF A LIMITED COMPANY FOR THE ESTABLISHMENT, DEVELOPMENT, EXTENSION, OPERATION, ASSISTANCE (INCLUDING FINANCIAL ASSISTANCE), ENCOURAGEMENT, SUPERVISION, CO-ORDINATION AND INTEGRATION, EITHER DIRECTLY OR INDIRECTLY, OF SCHEMES FOR THE TRAINING AND EMPLOYMENT OF YOUNG PERSONS, TO PROVIDE FOR THE PAYMENT OF A LEVY ON INCOMES TO DEFRAY THE EXPENDITURE OF THE COMPANY IN THE PERFORMANCE OF ITS FUNCTIONS AND SUCH OTHER EXPENDITURE IN RELATION TO THE TRAINING AND EMPLOYMENT OF YOUNG PERSONS AS THE MINISTER FOR LABOUR MAY DETERMINE AND TO PROVIDE FOR OTHER CONNECTED MATTERS. [22nd December, 1981]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: