Eirgrid, Electricity and Turf (Amendment) Act 2022
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Consequences of measures taken pursuant to direction of Commission | ||
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5. (1) Any measures taken by EirGrid in order to comply with a direction or for the specified purpose shall be taken not to affect the independence of EirGrid as transmission system operator under the Regulations of 2000 or any other functions of EirGrid under any enactment. | ||
(2) Any measures taken by EirGrid pursuant to a direction shall be taken solely for the benefit of the State and in order to achieve the specified purpose and no remuneration shall be obtained by EirGrid in connection with such measures other than reimbursement of such reasonable costs incurred by EirGrid, including a reasonable return, as may be approved by the Commission. | ||
(3) EirGrid, shall, notwithstanding any limitation in its constitution (within the meaning of section 2 of the Companies Act 2014 ) have such powers as may be necessary to enable it to comply with any direction. | ||
(4) Any action taken by a director of EirGrid in order to comply with a direction shall not constitute a breach of section 227 or 228 of the Companies Act 2014 . | ||
(5) Where a direction is given to a person the person shall, within the period specified in the direction, and in any event as soon as practicable, comply with the direction. |