Gas Act 1976

Accounts and audits.


F54[15. (1) The Board shall keep in such form as may be approved by the majority-shareholding Minister (with, where the majority-shareholding Minister is not the Minister for Finance, the approval of the Minister for Finance) having consulted with the Minister, the Minister for Public Expenditure and Reform and any other Minister of the Government who, in the opinion of the majority-shareholding Minister having regard to the functions of that other Minister, ought to be consulted all proper and usual accounts of all moneys received or expended by it.

(2) Accounts kept in pursuance of this section shall be submitted for audit by the Board to an auditor appointed by the Board with the approval of the majority-shareholding Minister to audit the accounts which, when so audited, shall be presented by the Board to the majority- shareholding Minister who shall cause copies thereof to be laid before both Houses of the Oireachtas.

(3) The fees of an auditor duly appointed by the Board under this section shall be paid by the Board out of moneys at its disposal.

(4) The Board shall, if so required by the majority-shareholding Minister, furnish the majority-shareholding Minister with such information as he or she may require regarding any account submitted by the Board under this section.]




Substituted (23.11.2015) by Gas Regulation Act 2013 (39/2013), s. 36, S.I. No. 520 of 2015.

Modifications (not altering text):


Requirement in relation to accounts imposed (28.11.2014) by Gas Regulation Act 2013 (39/2013), s. 20(2), S.I. No. 538 of 2014.

Annual report and accounts

20. (1) BGÉ shall include in its annual report pursuant to section 14 of the Act of 1976 a report of the proceedings of the network company in that financial year.

(2) In keeping accounts pursuant to section 15 of the Act of 1976 BGÉ shall ensure that accounts of all moneys received or expended by the network company are identified separately.

Editorial Notes:


Previous affecting provision: functions transferred and references to “Department of Finance” and “Minister for Finance”construed (29.07.2011) by Finance (Transfer of Departmental Administration and Ministerial Functions) Order 2011 (S.I. No. 418 of 2011), arts. 2, 3, 5 and sch. 1 part 2, in effect as per art. 1(2), subject to transitional provisions in arts. 6-9; section substituted (23.11.2015) as per F-note above.


Previous affecting provision: subs. (1A) inserted (29.03.2013) by Water Services Act 2013 (6/2013), s. 30, S.I. No. 108 of 2013; section substituted (23.11.2015) as per F-note above and subsection repealed (1.01.2023) by Water Services (Amendment) Act 2022 (39/2022), s. 4(3), S.I. No. 678 of 2022.