PART I PRELIMINARY

1. —This Act may be cited as the Transport (Re-organisation of Córas Iompair Éireann) Act, 1986.

2. —(1) In this Act, unless the context otherwise requires—

"the Act of 1950" means the Transport Act, 1950 ;

"the Board" means Córas Iompair Éireann;

"the Companies Acts" means the Companies Act, 1963 , and every enactment which is to be construed as one with that Act;

" company" means a company formed pursuant to section 6;

"the Dublin bus company" means the company to which a name is assigned by section 7 (1) (c) or by order under section 7 (2);

"functions" includes powers and duties;

"the Irish bus company" means the company to which a name is assigned by section 7 (1) (b) or by order under section 7 (2);

"the Minister" means the Minister for Communications;

"the railway company" means the company to which a name is assigned by section 7 (1) (a) or by order under section 7 (2);

"vesting day" means the day appointed under section 6.

(2) A reference in this Act to a section is to a section of this Act, unless it is indicated that reference to some other enactment is intended.

(3) A reference in this Act to a subsection is to the subsection of the section in which the reference occurs, unless it is indicated that reference to some other section is intended.

(4) A reference in this Act to any enactment shall be construed as a reference to that enactment as amended or adapted by or under any subsequent enactment.

3. —(1) The Minister may by order revoke or amend any order made by him under any provision of this Act other than section 6 subject to such consent as is required under that provision.

(2) Every order under any provision of this Act other than section 6 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 within the next twenty-one days on 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 any thing previously done thereunder.

4. —The expenses incurred by the Minister in the administration 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.

5. —Section 14 of the Act of 1950 and section 35 (2) (inserted by section 12 of the Transport Act, 1964 ) of that Act are hereby repealed.