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Appointed day
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6. (1) The Minister shall, by order, appoint a day to be the appointed day for the purposes of this Act.
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(2) On the appointed day—
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(a) the shares in Uisce Éireann issued to Ervia, the Minister and the Minister for Finance under section 5(4) of the Principal Act shall be cancelled, and
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(b) Uisce Éireann shall cease to be a subsidiary of Ervia.
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(3) No consideration shall be payable to Ervia, the Minister or the Minister for Finance in respect of the cancellation of the shares under subsection (2) (a).
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