Broadcasting (Funding) Act 2003
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Winding-up and dissolution of scheme. |
7.—(1) The Minister may, with the consent of the Minister for Finance, direct the Commission to wind-up, where there is only one scheme, the scheme or, where there is more than one scheme, all schemes and to pay to the Minister any monies remaining in respect of the scheme or schemes. The Minister shall pay to Radio Telefís Éireann any such monies paid to him or her. | |
(2) Where the Minister directs that the scheme or all schemes, as the case may be, be wound up in accordance with subsection (1), he or she shall upon being satisfied that the scheme has or the schemes have been wound up in accordance with that subsection, by order (in this section referred to as a “dissolution order”) dissolve the scheme or schemes. | ||
(3) Upon the commencement of a dissolution order no further scheme may be made under section 2 . | ||
(4) (a) A dissolution order shall be laid before each of the Houses of the Oireachtas as soon as practicable after it is made. | ||
(b) Either House of the Oireachtas may, by resolution passed within 21 sitting days after the day on which an order was laid before it in accordance with paragraph (a), annul the order. | ||
(c) The annulment of a dissolution order takes effect immediately on the passing of the resolution concerned, but does not affect anything that was done under the order before the passing of the resolution. |