Irish Steel Limited Act, 1996

Payment to trustees of staff pension fund.

5.—(1) The Minister may pay the sum of £628,000 to the trustees of the staff pension fund and on receipt thereof the said trustees shall pay the said sum into that fund.

(2) In this section “staff pension fund” means the fund established by an indenture dated the 28th day of December, 1959, made between the company and the Bank of Ireland.