AN ACT TO GIVE EFFECT TO ARRANGEMENTS FOR THE FUTURE OPERATION OF THE UNDERTAKING OF THE GREAT NORTHERN RAILWAY COMPANY (IRELAND) AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH.

[23rd June, 1953.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

PART I PRELIMINARY AND GENERAL

Short Title.

1.—This Act may be cited as the Great Northern Railway Act, 1953 .

Interpretation.

2.—(1) In this Act—

Board.

the "Board" means the Board established by section 6;

Company

the "Company" means the Great Northern Railway Company (Ireland);

enactment

"enactment" includes any instrument made under an enactment;

establishment date.

"the establishment date " means the date fixed under section 6;

land.

"land" includes land covered by water and any easement, profit or right in or over land or land covered by water;

Minister.

"the Minister" means the Minister for Industry and Commerce;

Minister of Commerce.

"the Minister of Commerce" means the Minister of Commerce for Northern Ireland;

Ministry.

"the Ministry" means the Ministry of Commerce for Northern Ireland;

railway line.

"railway line " includes a section of railway line;

Transport Tribunal

"the Transport Tribunal" means the Transport Tribunal established by section 54 of the Transport Act, 1950 (No. 12 of 1950).

(2) References in this Act to any enactment shall be construed as references to that enactment as amended by any subsequent enactment.

(3) In this Act a reference by number to a Part, section or Schedule is to the Part, section or Schedule of this Act bearing that number unless it is indicated that a reference to another Act is intended.

Power to Minister to enter into agreement.

3.—The Minister is hereby authorised to enter into an agreement with the Ministry in the terms of the draft set out in the First Schedule.

Exemption from stamp duties.

4.—(1) Section 12 of the Finance Act, 1895, shall not operate so as to require the Board to deliver to the Revenue Commissioners a copy of this Act or to pay any stamp duty under that section on any copy of this Act.

(2) Stamp duty shall not be chargeable on any instrument made for the purpose of section 20.

(3) Stamp duty shall not be chargeable on any agreement, bond, affidavit, statutory declaration, arbitration award or other instrument made for the purpose of section 38.

Expenses.

5.—The expenses incurred by the Minister in the execution of this Act shall, to such extent as may be sanctioned by the Minister for Finance, be paid out of moneys provided by the Oireachtas.

PART II THE GREAT NORTHERN RAILWAY BOARD

Establishment and Functions.

Establishment.

6.—(1) There shall be a Board to be known as the Great Northern Railway Board.

(2) The Board shall stand established on such date as is agreed upon by the Minister and the Minister of Commerce.

(3) The establishment date shall be declared by the Minister by order.

(4) The provisions of the Second Schedule shall apply to the Board.

General powers and duties.

7.—(1) The general function of the Board shall be to operate the undertaking carried on before the establishment date by the Company and the Board shall have all such powers as are necessary for that purpose.

(2) The Board shall have power—

( a ) to enter into and carry out working agreements or arrangements for the provision by any person of transport services which the Board is required or authorised to provide, or for the provision by the Board of any transport services which any other person has power to provide,

( b ) to enter into and carry out agreements with other transport undertakers with a view to co-ordinating the transport services provided by the Board with other transport services.

(3) The Board shall comply with such directions as may be given by the Minister, jointly with the Minister of Commerce, as to matters of policy relating to the conduct of the undertaking.

(4) The Board shall comply with such directions as may be given by the Minister as to matters of policy relating exclusively to the conduct of the undertaking in the State.

Transfer of Assets of Great Northern Railway Company (Ireland).

Transfer of undertaking other than land.

8.—(1) On the establishment date the whole of the undertaking of the Company (other than the land of the Company) including all property, assets, powers, rights, licences and privileges held or enjoyed in connection therewith or appertaining thereto shall by virtue of this section be transferred to the Board.

(2) Subject to the provisions of this Act the Board may exercise and enforce all rights, powers and privileges, other than powers of raising money, which were, immediately before the establishment date, vested in the Company.

(3) Subject to the provisions of this Act the Board shall, to the exclusion of the Company, be subject to all liabilities, whether arising by statute or otherwise, to which the Company was subject immediately before the establishment date.

(4) The Board shall not be subject to any liability in respect of any security of the Company for which compensation is payable, under this Act, or in respect of any agreement for the rendering to the Company of personal services as a director.

(5) The Company shall, at the request of the Board, execute all such instruments and do all such acts as may be necessary to enable the Board to have effectively transferred into its name any property or assets vested in the Board by virtue of this section.

(6) No proceeding (including an arbitration) or cause of action pending or existing immediately before the establishment date by or against the Company shall abate, be discontinued or be in any way prejudicially affected by reason of anything in this Act, but the proceeding or cause of action may be continued and enforced by or against the Board as it might have been by or against the Company if this Act had not been passed, but not further or otherwise.

(7) Subject to the provisions of this Act, all contracts, deeds, bonds, agreements (other than agreements for the rendering to the Company of personal services as a director) and other instruments and all working arrangements subsisting immediately before the establishment date and affecting the Company shall be of as full force and effect against or in favour of the Board and may be enforced as fully and effectually as if, instead of the Company, the Board had been a party thereto.

Vesting of land.

9.—(1) On the establishment date—

( a ) all land (except the Dundalk Works) held by the Company in the State shall vest in the Minister, and

( b ) the Dundalk Works (described in Part I of the Third Schedule) shall vest in the Board,

for all the estate, right, title and interest of the Company.

(2) On the establishment date that part of the railway line and land of the Dundalk, Newry and Greenore Railway Company described in Part II of the Third Schedule and extending between George's Quay, Dundalk, and the junction with the Great Northern Railway at Barrack Street, Dundalk shall vest in the Minister for all the estate, right, title and interest of that Company.

Particular Powers and Duties.

Licence to use land.

10.—(1) Subject to this section, the Board is hereby authorised and empowered, for the purposes of carrying on its undertaking, to occupy and use the land for the time being vested in the Minister by section 9 or under section 20.

(2) For the purpose of the exercise, enforcement and performance of all powers, privileges, rights and obligations attaching to the estate, right, title and interest of the Minister in the land, the Board shall stand in the place of the Minister but shall not, save as provided by sections 21 and 27, have power to sell any such land or, without the consent of the Minister, to let it for a period exceeding three years.

(3) The Board shall—

( a ) at its own expense maintain the land, including all railway lines, roads, bridges, viaducts, tunnels, drains, premises, works and structures of whatsoever kind;

( b ) discharge all rent, rates and other outgoings due by it by virtue of this section in respect thereof;

( c ) satisfy the Minister, whenever he so requests, that the use or occupation of any land by the Board continues to be necessary for the proper operation of the undertaking; and

( d ) permit the Minister and persons authorised by him to enter upon and use and occupy any land so far as such entry, user and occupation do not affect the proper operation of the undertaking.

(4) The use or occupation by the Board of any hereditament or tenement, within the meaning of the Valuation Acts, shall not be regarded as use or occupation of a public nature or for a public purpose, within the meaning of any enactment conferring exemption from a rate leviable by any local authority.

Classification of merchandise.

11.—The Board may adopt such classification of merchandise for the purpose of the application thereto of rates of charges to be made in respect of the carriage of merchandise as the Board thinks fit.

Charges and terms and conditions of carriage of merchandise.

12.—(1) In this section

"charges" include fares, rates or tolls;

"services" means any of the following—

( a ) the conveyance of passengers and their luggage,

( b ) the receiving, forwarding, carrying and delivering of merchandise,

( c ) any other transport service or facility;

"the railway classification of merchandise" means the classification of merchandise for the time being in force adopted by the Board for the purposes of the application of rates of charges to be made by the Board for the carriage of merchandise by rail.

(2) Subject to subsection (3) the Board may fix, demand, take and recover such charges as the Board thinks fit for services provided by it.

(3) Where the Board proposes to make a general increase in the charges for any services, the following provisions shall have effect:—

( a ) the Board shall give to the Minister one month's notice in advance of its proposal;

( b ) the Board shall not put into force any proposal of which the Minister, within that month, notifies the Board of his disapproval.

(4) Where the Board agrees with a trader for the carriage of his merchandise at charges which represent a reasonable commutation of the charges otherwise applicable to the merchandise of that trader carried by the Board, the Board may, notwithstanding anything contained in any enactment, make as regards the carrying of the trader's merchandise the charges so agreed.

(5) ( a ) The Board shall keep, for sale copies of the following:—

(i) the railway classification of merchandise,

(ii) scales of charges made, in conjunction with the railway classification of merchandise, by the Board in respect of the carriage of merchandise by rail.

( b ) The Board shall keep for public inspection at its principal office in the State copies of the following:—

(i) the railway classification of merchandise,

(ii) scales of charges made, in conjunction with railway classification of merchandise, by the Board in respect of the carriage of merchandise by rail.

( c ) The Board shall keep for public inspection at each depot owned by it at which merchandise is received for carriage by rail a copy of each of the following:—

(i) the railway classification of merchandise,

(ii) scales of charges made, in conjunction with the railway classification of merchandise, by the Board for the carriage of merchandise by rail from that depot.

(6) The Board may attach to the services afforded by it such terms and conditions as the Board thinks fit.

Carriage of dangerous goods by rail.

13.—(1) Nothing in this Act shall impose any obligation on the Board to accept dangerous goods for conveyance by rail or shall prejudice or derogate from the powers of any Minister of State under the Explosives Act, 1875, or affect the validity or operation of any order, rule or bye-law made under the powers contained in that Act.

(2) If the Board accepts dangerous goods for conveyance by rail the goods shall be conveyed subject to such bye-laws; regulations and conditions as the Board may think fit in regard to the conveyance or storage thereof, and the owner or consignor of such goods shall indemnify the Board from and against all loss or damage which may result to the Board or to which the Board may be or become liable owing to non-compliance with the said bye-laws, regulations and conditions as to such goods and shall pay full compensation for all injury to the Board's servants and damage to its property so arising unless it is proved that the injury or damage is due to the wilful misconduct of the Board's servants.

(3) Where the Company or the Board has declared any article to be dangerous it shall lie on the person requiring the article to be carried to show that it is not dangerous.

Protection of telegraphs.

14.—Every vehicle operated by the Board for use on any public road or on rail and moved by electrical power shall be so equipped and worked as to prevent any interference with telegraphic communication by means of any telegraphic line (within the meaning of the Telegraph Act, 1878) belonging to or used by the Minister for Posts and Telegraphs.

Bye-laws.

15.—(1) The Board may make bye-laws for all or any of the following purposes:—

( a ) for regulating the times of arrival and departure of its vehicles;

( b ) for regulating the loading and unloading of its vehicles and, subject to any statutory provisions in that behalf, the weights which its vehicles are to carry;

( c ) for regulating the receipt and delivery of merchandise and other things which are to be carried on its vehicles;

( d ) for preventing the commission of nuisances in or upon its vehicles or the stations, depots or other premises occupied by the Board;

( e ) for maintaining order in and regulating the use of the stations, depots or other premises occupied by the Board and the approaches thereto;

( f ) for any purpose for which the Company had immediately before the establishment date, power to make bye-laws;

( g ) for providing for the safe custody and re-delivery or disposal of any property found on or in any premises used or occupied by or vehicles belonging to or used by the Board and for fixing the charges to be made by the Board in respect thereof;

( h ) generally for regulating, subject to any statutory provisions in that behalf, the travelling upon or using of its vehicles and the working of its transport services.

(2) The Board shall submit to the Minister for confirmation any bye-laws made by it under this section, and thereupon the following provisions shall have effect:—

( a ) the Board shall, as soon as conveniently may be after the submission, publish a notice of the submission at least once in each of two successive weeks in each of the daily morning newspapers published in and circulating in the State;

( b ) the notice shall include—

(i) a statement of the purposes for which the bye-laws are made, and

(ii) an intimation that a copy of the bye-laws is open for public inspection at the principal office in the State of the Board, and

(iii) an intimation that any person may at any time during the period of thirty days commencing on the date of the first publication of the notice submit to the Minister objections to the confirmation of the bye-laws;

( c ) the Board shall, during the said period of thirty days, keep a copy of the bye-laws open for public inspection during ordinary office hours at its principal office aforesaid;

( d ) any person who objects to the confirmation of the bye laws may, at any time during the said period of thirty days, submit his objections in writing to the Minister;

( e ) the Minister shall, as he thinks proper, refuse to confirm the bye-laws or by order confirm the bye-laws without modification or with such modifications as he thinks proper and inserts in the bye-laws, but shall not make any such order until the expiration of the said period of thirty days and until he has considered any objections to the confirmation submitted to him during that period.

(3) Bye-laws made by the Board under this section shall come into operation if, but only if, they are confirmed by order under this section, and if they are so confirmed, the day on which they shall come into operation shall be the day specified in that behalf in the order confirming them.

(4) Where a person contravenes a provision of bye-laws made under this section, he shall be guilty of an offence under this section and shall be liable on summary conviction thereof to a fine not exceeding ten pounds.

(5) Bye-laws made under this section which have been confirmed by order under this section shall be published in such manner as the Minister may direct.

(6) Bye-laws made under this section shall not prejudice or affect the operation of any bye-laws made under or in pursuance of any statutory provisions by any harbour or sanitary authority.

(7) A document which purports to be a copy of bye-laws made under this section and which has endorsed thereon a certificate (purporting to be signed by an officer of the Board authorised in that behalf) stating that the document is a true copy of the bye-laws and that the bye-laws were in force on a specified date shall, without proof of the signature of such officer or that he was in fact such officer or was so authorised, be evidence (until the contrary is proved) in every court and in all legal proceedings of the bye-laws and of the fact that they were in force on the date so specified.

(8) All bye-laws made by the Company and in force immediately before the establishment date shall, on and after that date, continue in force and be deemed to have been made under this section and shall be capable of being amended or revoked by bye-laws made under this section.

(9) Every order under this section shall be laid before each House of the Oireachtas as soon as may be after it is made, and if a resolution annulling the order is passed by either House of the Oireachtas within the next twenty-one days upon which that House has sat after the order has been laid before it, the order shall be annulled accordingly but without prejudice to the validity of anything previously done thereunder.

(10) Section 127 of the Road Traffic Act, 1933 (No. 11 of 1933), shall not apply to property left in public service vehicles owned or operated by the Board.

Saving for existing rules and regulations.

16.—All rules and regulations made by the Company and in force immediately before the establishment date shall, on and after the establishment date, continue in force until revoked, altered or superseded.

Service of documents on the Board.

17.—Any document required or authorised by law to be served on the Board may be so served by—

( a ) handing it to the secretary of the Board at the principal office in the State of the Board, or

( b ) leaving it at the principal office aforesaid in an envelope addressed to the secretary of the Board, or

( c ) sending it by post in a prepaid registered letter addressed to the secretary of the Board at the principal office aforesaid.

Powers of Minister.

Investigation of affairs of the Board.

18.—(1) The Minister acting jointly with the Minister of Commerce shall have power to make such investigations as he thinks necessary into the affairs of the Board and to appoint persons to conduct such investigations and report to each Minister thereon.

(2) The Minister shall have power to make such investigations as he thinks necessary into the operation of the undertaking exclusively in the State and to appoint persons to conduct such investigations and report to the Minister thereon.

(3) A person appointed under this section shall have power to enter and inspect at all reasonable times the lands, premises, works and vehicles of the undertaking and to examine all books and documents of the Board, and the Board and each of its members and every officer and servant thereof shall furnish him with such information and afford him such facilities as he may reasonably require for the performance of his functions.

(4) Any person who impedes a person appointed under this section in the performance of his functions or refuses or neglects to furnish him with such information or to afford him such facilities as he may reasonably require shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding twenty pounds or to imprisonment for a term not exceeding two months or to both such fine and such imprisonment.

(5) The fees of persons appointed under subsection (1) shall be such as are approved of by the Minister, with the consent of the Minister for Finance, and by the Ministry and shall to the extent of one-half thereof be paid by the Minister

(6) The fees of persons appointed under subsection (2) shall be such as are approved of by the Minister, with the consent of the Minister for Finance, and shall be paid by the Minister.

Annual report and information.

19.—(1) The Board shall in each year make to the Minister a report on the operation of the undertaking during the preceding year.

(2) The Minister shall cause the report to be laid before each House of the Oireachtas and copies thereof shall be placed on sale by the Board.

(3) The Board shall furnish the Minister with such information relating to the undertaking as the Minister may from time to time require.

Acquisition and Sale of Land.

Acquisition of land.

20.—(1) ( a ) The Board, with the consent of the Minister and the Minister for Finance, may, in the name and on behalf of the Minister, acquire land for the use of the Board.

( b ) Land acquired under this subsection shall be expressed to vest and shall vest in the Minister and, accordingly, section 10 shall apply in relation to it.

(2) The Board, with the consent of the Minister and the Ministry, may acquire additional land for the purposes of the Dundalk Works.

(3) Sections 17 and 18 of the Transport Act, 1950 (No. 12 of 1950), shall apply to the acquisition of land for the purposes of this section, references therein to "the Board" being construed as references to the Board established by this Act.

Sale of surplus land.

21.—(1) Where, after consultation with the Board, the Minister is satisfied that any land vested in him by section 9 or under section 20 is no longer required by the Board for the purposes of the undertaking, the Minister, or the Board acting with the consent and on behalf of the Minister, may (subject, in regard to railway lines, to section 27) sell or otherwise dispose of the land.

(2) The proceeds of sale or disposal of land under this section shall be paid into or diaposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.

PART III TERMINATION OF TRAIN SERVICES

Common service.

22.—In this Part "common service" means the service, for passengers and merchandise or either of them, provided between the State and Northern Ireland by all trains which operate both within and outside the State over a railway line specified in the Fourth Schedule.

Termination of common service.

23.—(1) The succeeding provisions of this section shall, notwithstanding any statutory or other obligation to the contrary, apply to the termination of a common service.

(2) The Board, the Minister or the Minister of Commerce may propose the termination of a common service and thereupon—

( a ) the proposal shall be submitted for the joint consideration of the Minister and the Minister of Commerce,

( b ) the Minister, if he thinks proper, may, in agreement with the Minister of Commerce, refer the proposal to the Chairman of the Transport Tribunal to advise and report in collaboration with the Chairman of the Transport Tribunal for Northern Ireland,

( c ) the Chairman of the Transport Tribunal shall have power, jointly with the Chairman of the Transport Tribunal for Northern Ireland, to engage the services of other persons for the purpose of assisting them in considering the proposal and to hold a public inquiry on the proposal,

( d ) the fees of any person engaged as aforesaid shall be such as are approved of by the Minister, with the consent of the Minister for Finance, and by the Ministry, and the Minister shall pay one-half of the amount of—

(i) any few so approved, and

(ii) the expenses incurred by the Chairman of each Tribunal in advising and reporting on the proposal, and

(iii) the expenses of holding any public inquiry on the proposal.

(3) After considering any advice and report as aforesaid, the Minister and the Minister of Commerce may together—

( a ) authorise the termination of the common service, or

( b ) refuse to consent to the termination of the service.

(4) Where after considering any advice and report as aforesaid the Minister of Commerce consents to the termination of a common service but the Minister does not consent, the Board shall continue the service and the Minister shall be liable to make good to the Board any loss sustained by the continuance of the service.

(5) Any right of the Board under this section to terminate a common service on any railway line shall not affect in any way any obligation of the Board to continue to provide any other service theretofore provided on that line, but the Board, on becoming entitled to terminate the common service, may, and shall if so directed by the Minister, proceed in accordance with section 24 to terminate wholly that other service.

(6) Where the Board by virtue of this section terminates a common service—

( a ) such termination shall not affect in any way any liability of the Board to maintain bridges, level crossings, fences, drains and other works constructed and maintained for the use, accommodation or protection on the public generally or of any members of the public or of the owners or occupiers of particular lands;

( b ) so much of section 47 of the Railways' Clauses Consolidation Act, 1845, as makes it obligatory to employ proper persons to open and shut gates at a level crossing shall not apply to any level crossing on any part of the railway line concerned over which the Board is not for the time being obliged to provide any other service if and so long as all the gates on that level crossing are kept and secured in such position as to permit the free passage of road traffic across the line at that level crossing.

Termination of other services.

24.—(1) Notwithstanding any statutory or other obligation to the contrary, the Board may, and shall if so directed by the Minister, proceed under this section to terminate wholly a transport service (other than a common service) on any railway line of the undertaking.

(2) Where it is proposed to seek authority to terminate a service to which this section applies, the Board shall publish notice of the proposal in Iris Oifigiúil and in at least one newspaper circulating in the area in which the service operates.

(3) The notice shall specify the service which it is proposed to terminate and any alternately road services to be provided and the time (not being less than one month after publication of the notice) within which objections to the proposal may be sent to the Minister by any body or association of persons affected by the proposal.

(4) If, within the specified time, no objection is received by the Minister, the Board shall not terminate the service until the Minister has had an opportunity for discussion with the Minister of Commerce of any common interest which may be affected by the termination and has notified the Board accordingly.

(5) If any objections have been duly received by the Minister the Board shall not terminate the service unless—

( a ) it has been so authorised by order of the Transport Tribunal under subsection (7), and

( b ) the Minister has had an opportunity, following the making of the order, for discussion with the Minister of Commerce of any common interest which may be affected by the termination and has notified the Board accordingly.

(6) On receipt of notification under subsection (4) or (5), the Board may terminate the service or, with the consent of the Minister, may agree to continue the service on an undertaking being given by the Minister of Commerce to make good to the Board any loss sustained by the continuance of the service.

(7) Where the Board applies to the Tribunal for an order authorising the Board to terminate a service the Minister shall transmit to the Tribunal the objections duly received by him and the Tribunal, having heard the Board and the objectors, shall have power—

( a ) to make the order, with or without modifications, and with or without a limitation on the period of its operation, or

( b ) to refuse to make an order.

(8) The Board shall publish, at such times and in such manner as the Tribunal direct, notice of the making of an order under subsection (7).

(9) Where the Board becomes entitled, by virtue of this section, to terminate a service—

( a ) such termination shall not affect in any way any liability of the Board to maintain bridges, level crossings, fences, drains and other works constructed and maintained for the use, accommodation or protection of the public generally or of any members of the public or of the owners or occupiers of particular lands,

( b ) so much of section 47 of the Railways' Clauses Consolidation Act, 1845, as makes it obligatory to employ proper persons to open and shut gates at a level crossing shall not apply to any level crossing on the railway line concerned over which the Board is not for the time being obliged to provide any other service if and so long as all the gates on that level crossing are kept and secured in such position as to permit the free passage of road traffic across the line at that level crossing.

Power of Minister to undertake to bear loss on services outside the State.

25.—Where—

( a ) the Board or the Minister of Commerce proposes to terminate any transport services provided by the Board outside the State, and

( b ) the Minister is satisfied that the continued operation of those services is necessary or desirable in connection with the provision of transport facilities within the State,

the Minister may undertake to be responsible for the amount of any loss sustained by the continuance of the service.

Abandonment of railway lines.

26.—(1) Where the Board becomes entitled under this Part to terminate wholly the services provided on any railway line, the Minister, on the application of the Board, may by order (in this Act referred to as an abandonment order) authorise the Board to abandon the line.

(2) Subsections (3), (4), (5), (6) and (8) of section 21 of the Transport Act, 1950 (No. 12 of 1950), shall apply to an abandonment order, references to "the Board" being construed as references to the Board established by this Act.

Sale of land of abandoned railway line.

27.—(1) Where an abandonment order has been made in respect of a railway line, the Minister, or the Board acting with the consent and on behalf of the Minister, may sell the land under and adjoining the line either by private treaty to the owner of the land on both sides of the line or by public auction to any person, including such owner.

(2) The proceeds of sale of land under this section shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.

PART IV FINANCE

Conduct of undertaking.

28.—It shall be the general duty of the Board so to conduct its undertaking as to secure, as soon as may be, that taking one year with another the revenue of the Board shall be not less than sufficient to meet the charges properly chargeable to revenue.

Scheme of apportionment of profits and losses.

29.—The Board shall as soon as possible after the establishment date and thereafter whenever so required by the Minister and the Minister of Commerce submit to the Minister and the Minister of Commerce for their consideration a scheme for the ascertainment and apportionment of the profits and losses of the undertaking in accordance with the terms of agreement set out in the First Schedule (in this Act referred to as the scheduled agreement).

Allocation of profits and losses.

30.—(1) The profits and losses of the undertaking shall be assessed in accordance with the scheme of apportionment for the time being agreed upon by the Minister and the Minister of Commerce.

(2) The amount of any loss for which, in pursuance of paragraph 2 of the scheduled agreement, the Minister is liable, shall be paid to the Board by the Minister.

(3) Payments under subsection (2) shall be made on such terms as to repayment, interest or otherwise as may, with the consent of the Minister for Finance, be agreed between the Minister and the Board.

(4) There may be advanced to the Board, out of moneys provided by the Oireachtas, at such times as the Minister, after consultation with the Minister of Commerce, may fix, such sum or sums as the Minister may think fit towards making good during any year any anticipated loss for which the Minister would be liable.

(5) If the amount so advanced is in excess of the amount ultimately found to be due to the Board by the Minister for that year the Board shall, as soon as possible, repay the excess to the Minister.

(6) If the amount so advanced is less than the amount ultimately found to be due to the Board by the Minister for that year the Minister shall, as soon as possible, pay to the Board the amount of the deficiency.

(7) The amount of the profit attributable to the operation of the undertaking in the State during any year shall be paid to the Minister by the Board.

Sale of assets.

31.—(1) The Board shall be entitled to sell any of its assets which, in the opinion of the Board, are no longer required for the purposes of the undertaking.

(2) Any amount which, in pursuance of the scheduled agreement, is to be credited to the Minister on the sale of any of the assets of the Board shall, on demand, be due and payable to the Minister by the Board.

Disposal of moneys received by Minister.

32.—All sums received by the Minister under this Act shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.

Payments for capital expenses.

33.—(1) The Minister, with the consent of the Minister for Finance, shall pay to the Board one-half of any amount agreed between the Minister and the Ministry to be provided in equal shares in pursuance of subparagraph (1) of paragraph 7 of the scheduled agreement.

(2) The Minister, with the consent of the Minister for Finance, may make payments to the Board to enable the Board to meet any capital expenses of the undertaking to be provided by the Minister in pursuance of subparagraphs (2), (3) and (4) of paragraph 7 of the scheduled agreement.

(3) Payments under this section shall be made on such terms as to repayment, interest or otherwise as way, with the consent of the Minister for Finance, be agreed between the Minister and the Board.

Borrowing powers of the Board.

34.—(1) The Board may from time to time borrow such sums as it may require for meeting its obligations and carrying out its duties.

(2) The Board shall not so exercise its powers under this section that its total indebtedness in respect of temporary borrowing exceeds at any one time one million pounds.

Accounts and audit.

35.—(1) ( a ) The Board shall keep all proper and usual accounts of all moneys received or expended by it and in particular shall keep all such accounts as the Minister and the Minister of Commerce may jointly direct.

( b ) The Minister and the Minister of Commerce may jointly direct the form in which the Board's accounts are to be kept.

(2) ( a ) The accounts of the Board shall show at the establishment date as a capital liability of the Board to the Minister the sum of two million, two hundred and fifty thousand pounds, being the amount paid by the Minister to the Company under subsection (1) of section 46, and a similar sum as a capital liability to the Minister of Commerce.

( b ) Interest may be charged to the Board in respect of the said liability to the Minister at such rate as the Minister, with the consent of the Minister for Finance, may fix from time to time.

(3) ( a ) The Board shall prepare an annual statement of accounts in such form and containing such particulars and compiled from such records and in such manner as the Minister and the Minister of Commerce may jointly direct.

( b ) The accounts of the Board shall in each year be audited by an auditor or auditors to be appointed annually by the Board with the consent of the Minister and the Minister of Commerce.

( c ) The fees of an auditor and the expenses of the audit shall be paid by the Board.

(4) Within three mouths, or such longer period as the Minister and the Minister of Commerce may jointly direct, after the end of the Board's financial year the Board shall send to the Minister a copy of the annual statement of accounts, together with the auditor's report thereon.

(5) The Minister shall cause a copy of the accounts and report furnished to him under this ection to be laid before each House of the Oireachtas and copies thereof shall be placed on sale by the Board.

PART V STAFF OF BOARD

Appointment of officers and servants of the Board.

36.—(1) The Board shall appoint a secretary and such other officers and servants as the Board may determine, and their remuneration shall be paid by the Board.

(2) Save as provided in this section and in section 37, entry to the clerical grades of the service of the Board shall be by means of open competitive examination in accordance with rules made by the Board.

(3) The Board may by special rules provide that such proportion as may be approved by the Minister and the Ministry of the vacancies in the clerical grades of its service shall be filled by means of limited competitive examinations, and where an examination is so limited only persons in or who have been in the employment of the Company or the Board shall be admitted thereto.

Transfer of officers and servants of the Company.

37.—Every person who, immediately before the establishment date, was an officer or servant of the Company shall on that date become an officer or servant of the Board on the same terms and conditions of service.

Compensation of employees whose services are dispensed with or conditions worsened on termination of train services.

38.—(1) Where the Board terminates wholly a transport service provided on any railway line of the undertaking and as a consequence thereof the retention of an officer or servant of the Board (being a person who is resident in the State and was theretofore directly employed on that service or wholly in connection therewith) in the position which he held before the, termination becomes unnecessary, the following provisions shall have effect—

( a ) if the Board dispenses with his services, he shall be paid by the Board compensation calculated in accordance with the Fourth Schedule to the Transport Act, 1950 (No. 12 of 1950), as adapted by subsection (2) of this section;

( b ) if—

(i) the Board transfers him to another position in its service, and

(ii) he thereby suffers a worsening of his conditions of service as an officer or servant of the Board,

he shall be paid by the Board compensation consisting of a lump sum of such amount as is reasonable.

(2) For the purposes of this section—

( a ) references in the Fourth Schedule to the Transport Act, 1950 , to a former transport company or a former road transport licensee shall be construed as references to the Company, and

( b ) sections 41 to 43 of the said Act shall apply in regard to compensation under subsection (1) of this section, references to "the Board" being construed as references to the Board established under this Act.

(3) For the purposes of this section an officer or servant of the Board shall be deemed to suffer a worsening of his conditions of service as an officer or servant of the Board if, by reason of the transfer—

( a ) he suffers any direct pecuniary loss or is in a worse position in respect of the conditions of his service as a whole (including tenure of office or employment remuneration, gratuities, superannuation, sick fund or other benefits or allowances, whether obtaining legally or by customary practice and whether applicable to himself or his widow or children or other dependants) as compared with those obtaining in respect of him before the transfer, or

( b ) he is required by the Board to perform in the position to which he is transferred duties which are not analogous to or are an unreasonable addition to those which he was required to perform in his former position.

Superannuation scheme.

39.—(1) The Board may prepare and submit to the Minister a scheme (in this section referred to as a superannuation scheme) for establishing on contributory basis a superannuation fund for the benefit of the employees or any particular class of the employees of the Board or for amending a superannuation scheme already in force under this section.

(2) The Minister, after consultation with the Ministry, may, with the approval of the Minister for Finance, by order confirm, either without modification or with such modifications (whether by way of addition, omission or variation) as the Minister thinks fit, a superannuation scheme submitted under this section.

(3) No superannuation scheme shall become operative unless and until it has been confirmed by order of the Minister but, upon being so confirmed, it shall come into operation on the date specified in that behalf in the order and shall on and after that date have the force of law in the form in which it was so confirmed.

(4) A fund set up for the purposes of a superannuation scheme shall be deemed to be set up under an irrevocable trust.

Existing superannuation schemes.

40.—(1) In this section—

"superannuation scheme" means any superannuation, pension, provident widows' and orphans' or other benefit fund or scheme,

"existing superannuation scheme" means a superannuation scheme established by the Company and in existence immediately before the establishment date and includes the Railway Clearing System Superannuation Fund.

(2) Subject to the provisions of this section, every existing superannuation scheme and the management thereof shall, on and after the establishment date, continue in being.

(3) For the purposes of any statutory enactment and of rules and regulations relating to any existing superannuation scheme, the following provisions shall, on and after the establishment date, have effect:

( a ) any power of the Company or the directors or any officer thereof in relation to the said scheme may be exercised by the Board or any officer of the Board authorised by the Board in that behalf,

( b ) the service or employment or dismissal under or by the Board of any officer or servant of the Company who is transferred, by virtue of this Act, to the Board shall be deemed to be service or employment or dismissal under or by the Company,

( c ) where under the rules of the said scheme the directors of the Company are empowered to appoint officers and servants to any managing committee, the Board in exercising those powers shall appoint officers or servants of the Board who are members of the said scheme or who, but for this Act, would have been eligible for appointment to such managing committee.

(4) The obligations, whether obtaining legally or by customary practice, of the Company in respect of any existing superannuation scheme and in respect of every member of the said existing superannuation scheme shall be binding on the Board.

(5) All persons who are or have been members of any existing superannuation scheme and all persons claiming in right of any such members shall be entitled to the same benefits, rights and privileges and subject to the same obligations, whether obtaining legally or by customary practice, as such persons would have been or might have become entitled or subject to but for this Act.

(6) Any person who—

( a ) is in the service of the Company immediately before the establishment date, and

( b ) is not a member of any existing superannuation scheme shall, so long as he remains in the service of the Board, have the same right (if any) to become a member of any such scheme as he would have had but for this Act if he had remained in the service of the Company.

(7) Nothing in this section shall be construed as preventing the Board from amending an existing superannuation scheme in accordance with a power in that behalf contained therein.

(8) An existing superannuation scheme shall be deemed to have been set up under an irrevocable trust.

Regulation of conditions of service.

41.—The references in section 55 of the Railways Act, 1924 (No. 29 of 1924), and in sections 10 and 16 of the Railways Act, 1933 (No. 9 of 1933), to a railway company shall be construed as including references to the Board.

PART VI APPLICATION OF ENACTMENTS

Status of the Board as a railway company.

42.—The Board shall, for the purpose of any enactment, have the same status as the Company had before the establishment date as a railway company.

Application of Road Transport Acts, 1932 and 1933.

43.—(1) For the purposes of sections 28 and 30 of the Road Transport Act, 1932 (No. 2 of 1932), the Board shall be deemed to be a company to which Part III of the said Act applies.

(2) The Board shall be deemed to be an authorised (merchandise carrying) company and an authorised (passenger carrying) company for the purposes of the Road Transport Act, 1933 (No. 8 of 1933).

Modification of Public Authorities Protection Act, 1893.

44.—The Public Authorities Protection Act, 1893, shall apply to the Board subject to the modifications that for any references to six months in paragraph ( a ) of section 1 thereof there shall be substituted a reference to twelve months and that paragraphs ( b ), ( c ) and ( d ) of that section (which make special provision as to costs) shall not apply.

Non-application of certain enactments to the Board.

45.—The enactments mentioned in the Fifth Schedule shall not apply to the Board.

PART VII WINDING UP OF GREAT NORTHERN RAILWAY COMPANY (IRELAND)

Compensation of Stockholders.

46.—(1) On the establishment date the Minister shall pay to the Company the sum of two million, two hundred and fifty thousand pounds, being one-half of the sum of four million, five hundred thousand pounds agreed by the Minister and the Ministry to be paid to the Company as compensation in respect of the transfer of its undertaking under this Act.

(2) ( a ) The Company shall, within two months from the establishment date, distribute the said sum of four million, five hundred thousand pounds by paying to each person who was, immediately before the establishment date, the registered holder of any security mentioned in the first column of the Sixth Schedule, for every hundred pounds of that security held by him the sum specified in the second column of the Schedule opposite the mention of that security and so in proportion for amounts of that security greater or less than one hundred pounds.

( b ) In addition to the sum payable under paragraph ( a ) to a holder of debenture stock, the Company shall pay to each such holder interest calculated on the amount of such stock at the rate of four per cent per annum in respect of the period of two months beginning on the establishment date or the period beginning on that date and ending on the date of distribution of the said sum, whichever is the shorter.

( c ) The moneys required by the Company for the purpose of paragraph ( b ) shall, as to one-half thereof, be paid to the Company by the Minister.

( d ) No dividend shall be declared or paid and, save as provided by paragraph ( b ), no interest shall be payable or paid on any of the securities of the Company in respect of any period after the establishment of the Board.

(3) A person who receives a sum under subsection (2) in respect of any security shall hold the sum in the same right and on the same trusts and subject to the same powers, privileges, charges and liabilities as those in, on or subject to which he held the security; and where the security was held pursuant to any provision of a deed, will, disposition or other instrument, that instrument shall have the like effect as if it expressly authorised the investment of the sum so received in any investment authorised under section 1 of the Trustee Act, 1893.

(4) If for any reason the Company is unable to make payment, of any sum under subsection (2) to the person entitled thereto, that sum may be paid into the High Court (or, if it does not exceed one thousand pounds, into the Circuit Court) and shall be applied and dealt with in accordance with the provisions of the Lands Clauses Consolidation Act, 1845, with respect to purchase money or compensation coming to parties having limited interests in land compulsorily acquired or prevented from treating or not making title thereto, and those provisions shall have effect accordingly; and for the purpose of this section the Circuit Court shall have all the jurisdiction exercisable by the High Court under that Act.

(5) Save as provided in this section no compensation shall be payable to any person by reason of the transfer of the undertaking of the Company to the Board.

(6) Where payment is made by the Company under this section in respect of any security the payment shall operate to discharge the Company from all liability to any person in respect of the security which shall thereupon he cancelled.

Receipt in case of person not sui juris.

47.—If any money is payable by the Company to a holder, who is a minor or a person of unsound mind, of stock of the Company, the receipt of the guardian or committee of his estate shall be a sufficient discharge to the Company.

Advance of moneys out of Central Fund.

48.—(1) The money required by the Minister to meet the payments required to be made by him under subsection (1) of section 46 shall be advanced out of the Central Fund or the growing produce thereof.

(2) For the purpose of providing money for the advance under this section the Minister for Finance may borrow from any person any sum or sums, and for the purpose of such borrowing he may create and issue securities bearing such rate of interest and subject to such conditions as to repayment, redemption or otherwise as he thinks fit, and shall pay the moneys so borrowed into the Exchequer.

(3) The principal of or any interest on any securities issued under this section and the expenses incurred in connection with the issue of such securities shall be charged on the Central Fund or the growing produce thereof.

Winding-up of the Company.

49.—(1) ( a ) Where the Company has duly distributed the compensation money and has complied with any directions given to it by the Board for the purpose of securing that the ownership of any property or assets or any right is effectively transferred to the Board and ascertained that the Board does not desire to give any further directions, the Company shall notify the Minister.

( b ) If the Minister, after consultation with the Minister of Commerce, is satisfied (whether any such notice has been given to him or not) that the compensation money has been so dealt with and that any directions so given have been complied with and that the Board does not desire to give any further directions, the Minister shall make an order that there is no reason for the continued existence of the Company and shall cause the order to be published in Iris Oifigiúil, and upon the publication thereof the Company shall be dissolved and section 6 of the Great Northern Railway (Ireland) Act, 1877, by which the Company was incorporated, shall cease to have effect.

(2) During the period beginning on the establishment date and ending on the dissolution of the Company, the statutory provisions and other instruments relating to the Company shall remain in force in relation thereto as if this Act had not passed, so far as the powers conferred thereby are required for the remaining purposes of the Company.

(3) On or after the establishment date—

( a ) it shall not be obligatory to fill any vacancy in the directors but the remaining directors may continue to exercise all the powers of the directors up to the time of the dissolution;

( b ) notwithstanding any statutory or other provision it shall not be obligatory to hold a general meeting of the Company;

( c ) any director or auditor may continue to hold office or be elected or appointed thereto at any time notwithstanding—

(i) the expiration of the term for which before that date he was elected or appointed; and

(ii) that he is not the holder of an amount of a security of the Company which before that date he would have been required to hold for the purpose of qualifying him for that office.

(4) All expenses (including any rents, rates, taxes and other outgoings in respect of any offices) reasonably and properly incurred by the Company after the establishment date shall be defrayed by the Board, and the Board shall make available to the Company such facilities for the examination of and the making of extracts from or copies of books, accounts and documents surrendered to the Board as the Company may reasonably require, and the Board shall make available to the Company the services of such officers and servants, on such terms and conditions, and for such period, as may be agreed upon between the Board and the Company or, failing agreement, as may be determined by the Minister in agreement with the Ministry, and the remuneration of those officers and servants shall be defrayed by the Board.

(5) The Board shall pay to the directors of the Company such remuneration for any services rendered by the directors to the Company after the establishment date as may be agreed upon between the Board and the directors or, failing agreement, as may be determined by the Board with the approval of the Minister and the Minister of Commerce to be reasonable having regard to all the circumstances.

(6) Any balance of the compensation money remaining after distribution may be dealt with by the directors of the Company as they think fit.

Continuance of certain notices.

50.—Every notice served by or on the Company before the establishment date the effect or term of which has not ceased or expired before the establishment date shall, so far as it is not inconsistent with this Act, continue in force and have effect on and after the establishment date as if it were a notice served by or on the Board on the date on which it was actually served and as if the functions or property to which the said notice relates had on the same date already vested in the Board.

Provisions in relation to income tax chargeable on the Company.

51.—(1) The Company shall, on and after the establishment date, continue to be liable under the Income Tax Acts to prepare and deliver any statement, return or particulars required for the purposes of those Acts for any year of assessment ending on or before the 5th day of April next following the establishment date.

(2) Assessments to income tax for any year of assessment ending on or before the 5th day of April next following the establishment date may be made on the Company on or after the establishment date, and income tax in respect of any such assessment so made, which shall have become final and conclusive, shall, when it becomes due and payable, be deemed to have become due and payable before the establishment date.

(3) For the purposes of subsections (1) and (2) the secretary of the Board or other officer performing the duties of secretary of the Board shall be deemed to be secretary of the Company or other officer performing the duties of secretary of the Company.

(4) The Board shall be and is hereby empowered to deduct out of the emoluments of any person holding an office or employment of profit under the Board any income tax charged on the Company in respect of any office or employment of profit held by such person under the Company.

(5) For the purposes of this section but not further or otherwise the Company shall be deemed to continue in existence on and after the date of dissolution under section 49.

Section 3.

FIRST SCHEDULE

DRAFT TERMS OF AGREEMENT TO BE MADE BETWEEN THE MINISTER AND THE MINISTRY.

1. There shall be paid to the Great Northern Railway Company (Ireland) the sum of four million, five hundred thousand pounds as compensation for the acquisition of its undertaking under the Great Northern Railway Act, 1953 , and the Great Northern Railway Act (Northern Ireland) 1953 (hereinafter referred to as the Acts). One-half of this sum shall be paid by or on behalf of each party hereto.

2. (1) The profits and losses of the Board established under the Acts shall, subject to the subsequent provisions of this Agreement, be ascertained and apportioned yearly as follows—

( a ) so much of the profits or losses as are attributable to the operation of the undertaking exclusively in the area of one party shall be apportioned to that party;

( b ) the profits or losses not so attributable shall be equitably apportioned between the parties.

(2) Each party shall be entitled to the profits and responsible for the losses apportioned to that party.

3. The scheme of apportionment of profits and losses to be submitted to the parties hereto by the Board shall be adopted and accepted by both parties unless, within six months of its submission to them, they agree to the adoption of an alternative scheme.

4. The scheme adopted in pursuance of paragraph 3 shall apply to the undertaking from the date of establishment of the Board. It shall remain in force for the period of three years beginning on that date.

5. The Board shall, in respect of each successive period of three years, be required by each party to submit a scheme of apportionment for such period. The scheme shall be adopted and accepted by both parties unless, within six months of its submission to them, they agree to the adoption of an alternative scheme for such period.

6. (1) Where it is proposed to terminate a common service as defined by the Acts and one of the parties hereto consents, but the other does not consent, to its termination, the dissenting party shall be responsible for any loss sustained by the continuance of the service and the scheme of apportionment adopted for the time being shall be modified accordingly.

(2) The scheme shall also be modified so as to provide for any loss which may be incurred by the Board by the operation of any service other than a common service where responsibility for the loss has been accepted by the party of the area other than that in which the service is operated.

(3) A modification of the scheme under this paragraph shall provide that—

( a ) the expenditure incurred by the Board as a result of the continued operation of the service to which the modification relates shall be calculated in such manner as the parties may agree and shall include an amount in respect of the use of any railway lines, lands and premises in connection with the service, and

( b ) any profits resulting from the continued operation of the service shall accrue to the party responsible for the loss on the continuance of the service, until that party has received an amount equal to the amount of the payments made to the Board by that party in respect of such loss.

7. (1) Moneys needed by the Board for the acquisition of railway rolling stock or for the purposes of the Dundalk Works vested in the Board or for the acquisition of additional land for the purposes of those Works shall to such extent as the parties may agree be provided by the parties hereto, in equal shares. The proceeds of sale of—

( a ) any railway rolling stock, or

( b ) any part of the said Works (including any such additional land) or any chattels used or acquired in or in connection therewith, or

( c ) any of the Board's investments,

shall (save, as respects such rolling stock or chattels, in so far as utilised for replacements) be credited by the Board to the parties in equal shares.

(2) Moneys needed for the acquisition or development of lands or premises for the purposes of the undertaking (other than the Dundalk Works) shall to such extent as the party in whose area the lands or premises are situate may agree be provided by that party.

(3) Moneys needed by the Board for the acquisition of chattels for use in or in connection with its road services shall to such extent as the Minister may agree be provided by the Minister and the proceeds of sale of any chattels so used or acquired shall (save in so far as utilised for replacements) be credited by the Board to the Minister.

(4) Save as provided elsewhere in this Agreement, moneys needed by the Board for the, acquisition of chattels for use in or in connection with any land or premises (other than the Dundalk Works) situate in the area of either party or for the purposes of any other capital expenses of the undertaking in either area shall to such extent as the party of that area may agree be provided by that party and the proceeds of sale of any chattels shall (save in so far as utilised for replacements) be credited by the Board to the party in or for whose area they were so used or acquired.

(5) The moneys applied for maintenance and replacement of physical assets vested in or used by the Board shall be provided for in the scheme of apportionment. The foregoing subparagraphs of this paragraph do not apply to such moneys.

8. The Minister agrees that the rights and obligations of the Ministry under this Agreement (other than the obligations of the Ministry to make such payments as are referred to in paragraphs 1 and 6 hereof) may be exercised and performed by the Ulster Transport Authority instead of the Ministry.

Section 6.

SECOND SCHEDULE

THE GREAT NORTHERN RAILWAY BOARD.

Incorporation

1. The Board shall be a body corporate with perpetual succession and a common seal.

Membership

2. The Board shall consist of ten members.

Appointment

3. (1) Five members shall be appointed by the Minister and five by the Minister of Commerce.

(2) Each member, unless appointed to fill a casual vacancy, shall be appointed for a period not exceeding six years.

(3) If a casual vacancy occurs amongst the members, the Minister who appointed the outgoing member shall appoint a person to fill the vacancy for the remainder of the term for which his predecessor was appointed,

(4) An outgoing member may be re-appointed.

Terms and conditions of service

4. Each member shall hold office on such terms and conditions (including the payment by the Board of remuneration and allowances for expenses) as are determined at the time of his appointment by the Minister and the Minister of Commerce jointly.

Chairman and vice-chairman

5. (1) The Minister and the Minister of Commerce shall each designate one of the members appointed by him to be a senior member.

(2) The first chairman of the Board shall be such senior member as the members may elect. In the event of a tie he shall be chosen by lot.

(3) The first chairman shall hold office for one year.

(4) At the end of that year, the other senior member shall be chairman for a period of one year and thereafter the office shall be held in rotation for one year by the senior members.

(5) The other senior member shall be vice-chairman of the Board.

(6) If a person ceases to be a member during his term of office as chairman or vice-chairman, the member designated as senior member in his place shall hold that office for the remainder of the term.

(7) The chairman and vice-chairman shall receive equal remuneration.

Resignation

6. A member may resign by notice in writing under his hand given to the Minister by whom he was appointed.

Disqualification and removal from office

7. (1) A person shall be disqualified for being and shall cease to be a member of the Board if he is entitled to sit in either House of the Oireachtas or of the Parliament of Northern Ireland.

(2) Where a member is absent from meetings of the Board for more than six months consecutively, except for a reason considered to be sufficient by the Minister by whom he was appointed, or becomes disqualified for being a member or becomes bankrupt or makes a composition or arrangement with his creditors, the said Minister shall declare the office vacant and shall notify the fact in such manner as he thinks fit, and thereupon the office shall become vacant.

(3) A member may be removed from office by the Minister by whom he was appointed for misconduct or incapacity or if the said Minister considers his removal necessary in the public interest, and that Minister shall lay before each House of the legislature of which that Minister is a member a statement of the reasons for such removal.

Financial interest.

8. (1) It shall be a condition of service of a member that he shall have no such financial or other interest as is likely to affect prejudicially the discharge by him of his functions as a member and any person who is, or whom the Minister proposes to appoint to be, a member shall, on request, furnish to the Minister such information as the Minister requires to satisfy himself that this condition is being complied with.

(2) Membership of Córas Iompair Éireann or the Ulster Transport Authority or service with either body shall not be a breach of this condition.

Disclosure of interest in contract.

9. A member who has any interest in any company or concern (other than Córas Iompair Éireann or the Ulster Transport Authority) with which the Board proposes to make a contract or any interest in the contract shall disclose to the Board the fact and nature of his interest and shall take no part in any deliberation or decision of the Board relating to the contract; and the disclosure shall be recorded in the minutes of the Board.

Chairman of the meeting.

10. (1) At a meeting of the Board the chairman shall, if present, be chairman of the meeting.

(2) In the absence of the chairman, or if the office is vacant, the vice-chairman shall be chairman of the meeting.

(3) If both are absent or if both offices are vacant, the members present shall elect one of their number to be chairman of the meeting.

Procedure at meeting.

11. (1) The quorum for a meeting of the Board shall be four or such greater number as the Board may from time to time determine.

(2) Save where, in relation to the Dundalk Works vested in the Board or the apportionment of profits and losses of the Board, the Minister and the Minister of Commerce otherwise jointly direct, every question at a meeting shall be decided by the votes of the majority of those present and voting, and, in case of an equal division of votes, the chairman of the meeting shall have a second or casting vote.

(3) Subject to subparagraph (1), the Board may act notwithstanding vacancies in its membership.

(4) Subject to the provisions of this Schedule, the Board may regulate, by standing orders or otherwise, its procedure and business.

Offices.

12. The Board shall have a principal office in Dublin and a principal office in Belfast.

Meetings.

13. Approximately half of the meetings of the Board in any year shall be held at each principal office.

Power to sue.

14. The Board may sue and be sued in its own name.

Common seal

15. (1) The common seal of the Board shall, when applied to a document, be attested by the signature of one member appointed by the Minister and one member appointed by the Minister of Commerce, and by the signature of the secretary of the Board or an officer of the Board duly authorised by the Board to act in that behalf.

(2) Judicial notice shall be taken of the common seal of the Board and every document purporting to be an instrument made by the Board and to be sealed with the common seal of the Board and to be attested in accordance with this paragraph shall, unless the contrary is shown, be received in evidence and be deemed to be such instrument without further proof.

Contracts and instruments not under seal.

16. Any contract or instrument which, if entered into or executed by an individual, would not require to be under seal may be entered into or executed on behalf of the Board by any person generally or specially authorised by the Board for that purpose.

Exercise of functions through officers and servants.

17. The Board may exercise any of its functions through or by any of its officers or servants authorised by the Board in that behalf.

Section 9.

THIRD SCHEDULE

PART I

Dundalk Works.

All those parcels of land parts of the land of the Company described and delineated by being coloured red on the plan which, sealed with the seal of the Minister on the 19th day of march, 1953, has, together with the text of this Act, been enrolled for record in the office of the Registrar of the Supreme Court, which said parcels are situate in the Townlands of Townparks, Mounthanilton, Demesne and Marsh's Lower, Parish of Dundalk, Barony of Upper Dundalk and County of Louth.

PART II

Part of railway line of Dundalk, Newry and Greenore Railway Company vested in Minister.

All that strip of land, forming part of the railway and landof the Dundalk, Newry and Greenore Railway Company, linking the railway and land of the Great Northern Railway Company (Ireland) at Barrack Street, Dundalk, with the railway and land of the Dundalk Harbour Commissioners at George's Quay, Dundalk, and more particularly described and delineated by being coloured red on the plan which, sealed with the seal of the Minister on the 19th day of March, 1953, has together with the text of this Act, been enrolled for record in the office of the Registrar of the Supreme Court, which said strip of land is situate in the Townland of Townparks, Parish of Dundalk, Barony of Upper Dundalk and County of Louth.

Section 22.

FOURTH SCHEDULE

COMMON SERVICE RAILWAY LINES.

Dublin—Belfast.

Cavan—Portadown.

Dundalk—Clones—Enniskillen—Londonderry.

Bundoran Junction—Bundoran.

Section 45.

FIFTH SCHEDULE.

ENACTMENTS NOT APPLYING TO THE BOARD.

1. Sections 6 to 13 and sections 34 and 38 of the Regulation of Railways Act, 1868 (31 & 32 Vic., c. 119).

2. Sections 9 and 10 of the Regulation of Railways Act, 1871 (34 and 35 Vic., c. 78).

3. Sections 14 and 15 of the Regulation of Railways Act, 1873 (36 and 37 Vic., c. 48).

4. Sections 31, 32, 33 and 34 of the Railway and Canal Traffic Act, 1888 (51 & 52 Vic., c. 25).

5. Sections 1, 3 and 4 of the Railway and Canal Traffic Act, 1894 (57 & 58 Vic., c. 54).

6. The Railway Companies (Accounts and Returns) Act, 1911 (1 & 2 Geo. V., c. 34).

7. Section 84 of the Railways Act, 1921 (11 & 12 Geo. V., c. 55).

8. Section 23 of the Road Transport Act, 1932 (No. 2 of 1932), and any regulations made under section 4 of that Act for the purposes of section 23 thereof.

9. Section 9 of the Railways, Act, 1933 (No. 9 of 1933).

10. Sections 110 and 129 of the Transport Act, 1944 (No. 21 of 1944).

11. Any enactment relating to—

( a ) the classification of merchandise for the purposes of the application thereto of rates of charges to be made in respect of the carriage of merchandise,

( b ) the maximum or actual charges for the conveyance of merchandise or passengers and their luggage, or for affording any other services or facilities.

Section 46.

SIXTH SCHEDULE.

Apportionment of Compensation amongst Stockholders.

Description of Stock of the Great Northern Railway Company (Ireland).	Amount of compensation to be paid in exchange for each £100 of Stock.
4% Debenture Stock	£89¹/8
4% Consolidated Guaranteed Stock	£66
4% Consolidated Preference Stock	£35
Ordinary Stock	£28½

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Irish Legislation

Great Northern Railway Act, 1953