Gas Act 1976

Disposal etc. by Board of mineral rights restricted.

29

29. F87[(1) Notwithstanding anything otherwise contained in this Act, the Board shall sell, let, lease or demise or otherwise dispose of or grant a licence or right in respect of any right of working minerals which is vested in the Board (whether exclusive of any other person or otherwise) only with the consent of the majority-shareholding Minister given (where the majority-shareholding Minister is not the Minister for Finance, with the approval of the Minister for Finance) after 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.]

(2) In this section “working” and “minerals” have the same meanings as they have in section 2 and section 3, respectively, of the Minerals Development Act, 1940.

Annotations

Amendments:

F87

Substituted (23.11.2015) by Gas Regulation Act 2013 (39/2013), s. 32(m), S.I. No. 520 of 2015.

F88

Repealed by Minerals Development Act 2017 (23/2017), s. 245(a), not commenced as of date of revision.

Modifications (not altering text):

C25

Prospective affecting provision: section repealed by Minerals Development Act 2017 (23/2017), s. 245(a), not commenced as of date of revision.

29. F88[]

Editorial Notes:

E90

Previous affecting provision: references to the "Board" construed as including the ITO (1.12.2011) by European Communities (Internal Market in Natural Gas and Electricity) Regulations 2011 (S.I. No. 630 of 2011), reg. 38(2)(a)(v), in effect as per regs. 1(2) and 12; revoked (19.01.2015) by European Communities (Internal Market in Natural Gas and Electricity) (Amendment) Regulations 2015 (S.I. No. 16 of 2015), reg. 29(1)(d). Note: notice in accordance with European Communities (Internal Market in Natural Gas and Electricity) Regulations 2011 (S.I. No. 630 of 2011), reg. 12 appears not to have been published.