Harbours Act, 1996

PART II

Establishment and Administration of Companies

Formation of a company in respect of a harbour.

7.—(1) The Minister, with the consent of the Minister for Finance, may in respect of each harbour mentioned in column (1) of the First Schedule cause a private company conforming to the conditions laid down in this Act to be formed and registered under the Companies Acts.

(2) The Minister shall in relation to such a company by order appoint a day to be the vesting day for the purposes of this Act as soon as practicable after the registration of the company under the Companies Acts and the same day may be so appointed in relation to all or any two or more of the companies formed under the said Acts pursuant to this section.

(3) A reference in this Act to a company's harbour shall be construed as a reference to the harbour mentioned in column (1) of the First Schedule in respect of which the company has been established pursuant to this section and like references shall be construed accordingly.