Air Navigation and Transport Act 2022

10

Formation of Irish Air Navigation Service

10. (1) The Minister shall, as soon as is practicable after the commencement of this section and after consultation with the Minister for Public Expenditure and Reform, cause a DAC limited by shares, conforming to the conditions laid down in this Act, to be formed and registered under Part 16 of the Act of 2014.

(2) The name of the company referred to in subsection (1) shall be Seirbhís Aerloingseoireachta na hÉireann or, in the English language, the Irish Air Navigation Service.

(3) The Minister shall, as soon as is practicable after he or she has complied with subsection (1), by order appoint a day to be the vesting day for the purposes of this Act.

(4) In this section, “DAC limited by shares” has the same meaning as it has in section 963 of the Act of 2014.

Annotations:

Editorial Notes:

E5

Power pursuant to subs. (3) exercised (1.05.2023) by Air Navigation and Transport Act 2022 (Vesting Day) Order 2023 (S.I. No. 218 of 2023), in effect as per art. 2.

2. The 1st day of May 2023 is appointed to be the vesting day for the purposes of the Air Navigation and Transport Act 2022 (No. 40 of 2022).