Electricity (Supply) (Amendment) Act, 1930

Exemption of certain property of the Board from rates.

12.—(1) Section 2 of the Valuation (Ireland) Act, 1854, shall apply to hereditaments and tenements to which this section applies and to the annual rents derived therefrom as if those hereditaments and tenements were included in the hereditaments and tenements mentioned in the said section 2.

(2) This section applies to every hereditament or tenement which, for the time being—

(a) is not part of the Shannon works; and

(b) is in the exclusive occupation of the Board; and

(c) is used exclusively as a generating station or as a transmission system or part of a transmission system or as a distribution system or part of a distribution system; and

(d) did not become vested in the Board (either before or after the passing of this Act) by virtue of a vesting order made under section 39 of the Principal Act or by virtue of a conveyance made in pursuance of an agreement entered into under sub-section (2) of section 38 of the Principal Act.