Social Welfare Act, 1996

Budgeting in relation to social welfare payments.

42.—Section 240 of the Principal Act is hereby amended by the substitution for subsection (3) of the following subsection:

“(3) In this section ‘a specified body’ means—

(a) a local authority (for the purposes of the Local Government Act, 1941 ),

(b) any other body established—

(i) by or under any enactment (other than the Companies Acts, 1963 to 1990), or

(ii) under the Companies Acts, 1963 to 1990, in pursuance of powers conferred by or under other enactments, and financed wholly or partly by means of moneys provided or loans made or guaranteed by a Minister of the Government or the issue of shares held by or on behalf of a Minister of the Government and a subsidiary of any such body,


(c) such other body as may be prescribed.”.