Gas (Amendment) Act, 2000

Enlargement of powers of Board.

17.—(1) The Board may, with the approval of the Minister given with the consent of the Minister for Finance, engage in any business activity, whether related to the production, transmission or distribution of energy or not, either alone or in conjunction with other persons, and either within or outside the State, that it considers to be advantageous to the Board.

(2) The function referred to in subsection (1) is not in substitution for any other function standing conferred on the Board immediately before the passing of this Act and where, before the passing of this Act, the performance of such another function is not subject to the approval or consent of a Minister of the Government referred to in subsection (1) being obtained, nothing in that subsection shall be construed as making its performance so subject after that passing.