S.I. No. 29/1989 - Córas Iompair Éireann Superannuation Scheme, 1951 (Amendment) Scheme (Confirmation) Order, 1989.


I, JOHN P. WILSON, Minister for Tourism and Transport, in exercise of the powers conferred on me by section 44 of the Transport Act, 1950 (No. 12 of 1950), and the Communications (Transfer of Departmental Administration and Ministerial Functions) (No. 2) Order, 1987 ( S.I. No. 92 of 1987 ), hereby, after consultation with the Minister for Finance, order as follows:

1. This Order may be cited as the Córas Iompair Éireann Superannuation Scheme, 1951 (Amendment) Scheme (Confirmation) Order, 1989.

2. In this Order, "the amending Scheme" means the Scheme amending the Córas Iompair Éireann Superannuation Scheme, 1951 prepared by Córas Iompair Éireann and submitted to the Minister for Tourism and Transport under section 44 of the Transport Act, 1950 (No. 12 of 1950), and set out in the schedule to this Order.

3. The amending Scheme is hereby confirmed and shall be deemed to have come into operation on the 17th day of January, 1988.

SCHEDULE

CÓRAS IOMPAIR ÉIREANN SCHEME, 1951 (AMENDMENT) SCHEME, 1989.

1. Interpretation

In this amending Scheme the following words and expressions shall have the meanings hereby assigned to them unless there is something inconsistent in the subject matter or the context repugnant to such construction:

"the existing Scheme" means the CIE Superannuation Scheme, 1951 set out in the Schedule to the Córas Iompair Éireann Superannuation Scheme, 1951 (Confirmation) Order, 1951 ( S.I. No. 353 of 1951 ), and subsequently amended by the amending Superannuation Schemes confirmed by Statutory Instruments numbers 221 of 1963, 80 of 1971, 254 of 1974, 47 of 1977, 126 of 1981, 245 of 1982, 345 of 1982, 287 of 1985, 339 of 1986 and 58 of 1987.

"the operative date" means the 17th day of January, 1988.

2. In this amending Scheme unless otherwise expressly stated the words and expressions used shall have the meanings assigned to them by the existing Scheme.

3. Amendment of the existing Scheme

The existing Scheme shall be amended with effect on and from the operative date so as to conform to the provisions hereinafter contained and every provision of the existing Scheme which is inconsistent with the provisions hereinafter contained shall cease to have effect.

4. Rule 21 (7) (a), as inserted by S.I. No. 287 of 1985 and as subsequently amended by S.I. No. 58 of 1987 , is hereby amended by the substitution of "before the 17th day of January, 1989" for "before the 17th day of January, 1988".

GIVEN under my Official Seal this 7th day of February, 1989.

JOHN P. WILSON,

Minister for Tourism and

Transport.

EXPLANATORY NOTE.

The purpose of the Scheme is to provide for the reduction, under certain conditions of the retiring ages prescribed in the existing Scheme, to allow for voluntary early retirement on redundancy.