Turf Development Act, 1998

Membership of either House of Oireachtas or European Parliament.

30.—(1) Where a director or a director of a subsidiary is—

(a) nominated as a member of Seanad Éireann, or

(b) elected as a member of either House of the Oireachtas or to the European Parliament, or

(c) regarded pursuant to section 19 of the European Parliament Elections Act, 1997 , as having been elected to such Parliament to fill a vacancy,

he or she shall thereupon cease to be such a director.

(2) Where a person employed by the Company or a subsidiary is—

(a) nominated as a member of Seanad Éireann,

(b) elected as a member of either House of the Oireachtas or to the European Parliament, or

(c) regarded pursuant to the said section 19, as having been elected to such Parliament to fill a vacancy,

he or she shall thereupon stand seconded from employment by the Company or the subsidiary and shall not be paid by, or be entitled to receive from, the Company or the subsidiary any remuneration or allowances in respect of the period commencing on such nomination or election, or when he or she is so regarded as having been elected, as the case may be, and ending when he or she ceases to be a member of either such House or such Parliament.

(3) A person who is for the time being entitled under the Standing Orders of either House of the Oireachtas to sit therein or who is a member of the European Parliament shall, while he or she is so entitled or is such a member, be disqualified for becoming a director or a director of a subsidiary or for employment in any capacity by the Company or a subsidiary.

(4) Without prejudice to the generality of subsection (2), that subsection shall be construed as prohibiting the reckoning of a period therein mentioned as service with the Company or a subsidiary for the purpose of any superannuation benefits (within the meaning of section 28 (10)).