Industrial Development (Forfás Dissolution) Act 2014

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Superannuation schemes administered by dissolved body

25. (1) Subject to subsection (2), every scheme or arrangement in relation to superannuation administered by the dissolved body immediately prior to the dissolution day shall, on and after the dissolution day, continue in force as if made by the Minister.

(2) Subsection (1) shall not apply in relation to a provision of a scheme or arrangement in relation to superannuation in respect of which the consent or approval of the Minister for Finance, the Minister for Public Expenditure and Reform or any other Minister of the Government was required by or under any enactment but not obtained.