Shannon Electricity Act, 1925

Tribunal to fix price or compensation.

6.—(1) Whenever the amount of any price or compensation is by virtue of this Act to be fixed under and in accordance with the Acquisition of Land (Assessment of Compensation) Act, 1919 , such price or compensation shall be so fixed by one or more arbitrators appointed under this section in lieu of an official arbitrator appointed under that Act, and all references in that Act to an official arbitrator shall be construed as references to an arbitrator or arbitrators appointed under this section.

(2) A committee (in this Act called the Reference Committee) consisting of the Chief Justice of the Irish Free State, the President of the High Court, and the Chairman of the Surveyors' Institution (Irish Branch) shall as and when so requested by the Minister appoint such number as the Minister, with the sanction of the Minister for Finance, shall direct of fit and proper persons to be arbitrators for the purposes of this Act.

(3) Every person so appointed to be an arbitrator for the purposes of this Act shall hold such appointment on such terms and subject to such conditions and shall be paid by the Minister as part of the costs of the undertaking such remuneration as the Minister for Finance shall direct.

(4) For the purposes of this Act all references contained in the Acquisition of Land (Assessment of Compensation) Act, 1919 , to the Reference Committee shall be construed and have effect as references to the Reference Committee nominated in this section.

(5) The power conferred by sub-section (7) of section 3 of the Acquisition of Land (Assessment of Compensation) Act, 1919 , on the Reference Committee to make rules shall include a power to make rules, with the sanction of the Minister for Finance, prescribing the number of arbitrators appointed under this section by whom applications or different classes of applications for the fixing of any price or compensation under this Act shall be heard.