Transport Act, 1950
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PART II. Coras Iompair Eireann. | ||
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Establishment of Córas Iompair Éireann. |
5.—(1) On the establishment date there shall, by virtue of this section, stand established a board to be called Córas Iompair Éireann, to fulfil the functions assigned to it by this Act. | |
(2) The Board shall, by the name assigned to it by subsection (1) of this section, be a body corporate with perpetual succession and an official seal (which shall be judicially noticed) and power to sue and be sued in its said name and to purchase, take, hold and dispose of land and other property. | ||
(3) For the avoidance of doubts it is hereby declared that the use or occupation by the Board of any hereditament or tenement, within the meaning of the Valuation Acts, is not use or occupation of a public nature or for a public purpose, within the meaning of section 63 of the Poor Relief (Ireland) Act, 1838 , or section 16 of the Valuation (Ireland) Act, 1852 , or section 2 of the Valuation (Ireland) Act, 1854, or any other enactment conferring exemption from a rate leviable by local authorities generally or by a particular local authority or class of local authorities. |