Transport Act, 1955

• Jurisdiction: Ireland
• Citation: IR No. 25/1955

Number 25 of 1955.
TRANSPORT ACT, 1955.
ARRANGEMENT OF SECTIONS
Section 1. Definitions. 2. Borrowing powers of the Board. 3. State guarantee of temporary borrowing. 4. Compensation for redundancy owing to substitution of diesel for steam traction. 5. Repayable advance of £2,462,369 to be treated as non-repayable grant. 6. Abandonment of certain railway lines. 7. Cesser of liability to maintain accommodation works other than bridges etc. 8. Powers of railway company over abandoned railway line. 9. Short title.
Acts Referred to Transport Act, 1950 No. 12 of 1950 Central Fund Act, 1950 No. 8 of 1950 Appropriation Act, 1950 No. 20 of 1950 Transport Act, 1944 No. 21 of 1944 Great Northern Railway Act, 1953 No. 17 of 1953 Railways Act, 1933 No. 9 of 1933
Number 25 of 1955.
TRANSPORT ACT, 1955.
AN ACT TO AMEND THE TRANSPORT ACT, 1950 , AND TO MAKE FURTHER PROVISION IN RELATION TO RAILWAYS. [6th December, 1955.]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—
	Definitions.	1.—In this Act—
	“the Act of 1950” means the Transport Act, 1950 (No. 12 of 1950),
	“the Board” means Córas Iompair Éireann;
	“the Minister” means the Minister for Industry and Commerce.
	Borrowing powers of the Board.	2.—(1) Section 28 of the Act of 1950 is hereby amended as follows:
	(a) by the substitution, in paragraph (c) of subsection (1) (which imposes a limit on temporary borrowing) of one million, five hundred thousand pounds for one million pounds;
	(b) by the substitution, in paragraph (b) of subsection (2) (which imposes a limit on borrowing for capital purposes) of twelve million pounds for seven million pounds.
	(2) There may be attached to the consent of the Minister to the borrowing of money under subsection (2) of section 28 of the Act of 1950 the condition that the money shall be utilised only for the purpose of a programme of capital works approved by the Minister.
	State guarantee of temporary borrowing.	3.—Subsection (1) of section 30 of the Act of 1950 is hereby amended by the substitution, in paragraph (b) (which imposes a limit on the guarantee by the Minister for Finance of temporary borrowing) of one million pounds for five hundred thousand pounds.
	Compensation for redundancy owing to substitution of diesel for steam traction.	4.—(1) In this section—
	“person to whom this section applies” means an officer or servant of the Board who, at the date of the passing of this Act, was employed by the Board in a permanent capacity or who was, except for casual interruptions of employment, employed by the Board during the whole of the three years ending immediately before that date;
	“redundancy” means redundancy arising as a consequence of the substitution of diesel for steam traction.
	(2) Where the Board is unable to offer alternative employment in its service to a person to whom this section applies and whose retention in its service is unnecessary on the ground of redundancy and his services are dispensed with, he shall be paid by the Board compensation calculated in the manner set out in the Fourth Schedule to the Act of 1950.
	(3) Where a person to whom this section applies is transferred by the Board on the ground of redundancy from one position in its service to another and he thereby suffers a worsening of his conditions of service as an officer or servant of the Board within the meaning of section 37 of the Act of 1950, which shall apply for the purposes of this section, he shall be paid by the Board compensation consisting of a lump sum of such amount as is reasonable.
	(4) Sections 41, 42 and 43 of the Act of 1950 (which...