S.I. No. 234/1991 - Córas Iompair Éireann Superannuation Scheme, 1951 (Amendment) Scheme (Confirmation) Order, 1991.


I, SÉAMUS BRENNAN, Minister for Tourism, Transport and Communications, in exercise of the powers conferred on me by section 44 of the Transport Act, 1950 (No. 12 of 1950), as amended by the Communications (Transfer of Departmental Administration and Ministerial Functions) (No. 2) Order, 1987 ( S.I. No. 92 of 1987 ), and the Tourism and Transport (Alteration of Name of Department and Title of Minister) Order, 1991 ( S.I. No. 25 of 1991 ), hereby, after consultation with the Minister for Finance, order as follows:

1. This Order may be cited as the Córas Iompair Éireann Superannuation Scheme 1951 (Amendment) Scheme (Confirmation) Order, 1991.

2. In this Order, "the amending Scheme" means the Scheme amending the Córas Iompair Éireann Superannuation Scheme, 1951 prepared by Córas Iompair Éireann and submitted to the Minister for Tourism, Transport and Communications under section 44 of the Transport Act, 1950 (No. 12 of 1950), and set out in the Schedule to this Order.

3. The amending Scheme is hereby confirmed and shall be deemed to have come into operation on the 17th day of January, 1989.

SCHEDULE.

CÓRAS IOMPAIR ÉIREANN SUPERANNUATION SCHEME, 1951. (AMENDMENT) SCHEME, 1991.

Definitions

1. In this amending Scheme the following words and expressions shall have the meanings hereby assigned to them unless there is something in the subject matter or context repugnant to such construction:—

"the existing Scheme" means the C.I.E. Superannuation Scheme, 1951 set out in the Schedule to and confirmed by the Córas Iompair Éireann Superannuation Scheme, 1951 (Confirmation) Order, 1951 ( S.I. No. 353 of 1951 ) as amended by Statutory Instruments numbered 221 of 1963, 80 of 1971, 254 of 1974, 47 of 1977, 126 of 1981, 245 of 1982, 345 of 1982, 287 of 1985, 58 of 1987, 29 of 1989 and 212 of 1989.

"the operative date" means the 17th day of January, 1989.

2. In this amending Scheme unless otherwise expressly stated the words and expressions used shall have the meanings assigned to them by the existing Scheme.

Amendment of the existing Scheme

3. The existing Scheme shall be amended with effect on and from the operative date so as to conform to the provisions hereinafter contained and every provision of the existing Scheme which is inconsistent with the provisions hereinafter contained shall cease to have effect.

4. Rule 21 (7) (a), as inserted by S.I. No. 287 of 1985 and subsequently amended by S.I. No. 58 of 1987 and S.I. No. 29 of 1989 is hereby further amended by the substitution of "before the 17th day of January, 1992" in lieu of "before the 17th day of January, 1989".

GIVEN under my Official Seal this 9th day of September, 1991.

SÉAMUS BRENNAN,

Minister for Tourism, Transport and

Communications.

EXPLANATORY NOTE.

The purpose of the Scheme is to provide for the reduction, under certain conditions of the retiring ages/service requirements prescribed in the existing Scheme, to allow for voluntary early retirement on redundancy.