PART I.

Preliminary and General.

1. —This Act may be cited as the Great Northern Railway Act, 1958 .

2. —In this Act—

“the Act of 1953” means the Great Northern Railway Act, 1953 ;

“the Board” means Córas Iompair Éireann;

“the Company” means Dundalk Engineering Works Limited or such other company as the Minister may by order designate as its successor for the purposes of this Act;

“the transfer date” has the meaning assigned to it by section 7;

“land” includes land covered by water and any easement, profit or right in or over land or land covered by water;

“the Minister” means the Minister for Industry and Commerce;

“the Ministry”means the Ministry of Commerce for Northern Ireland;

“the Minister of Commerce”means the Minister of Commerce for Northern Ireland;

“the outgoing Board”means the Great Northern Railway Board;

“the scheduled agreement”means the agreement entered into in pursuance of section 3.

3. —The Minister is hereby authorised to enter into an agreement with the Ministry in the terms of the draft set out in the Schedule.

4. —Section 12 of the Finance Act, 1895, shall not operate so as to require the Board to deliver to the Revenue Commissioners a copy of this Act or of an order under section 8 or to pay any stamp duty under the said section 12 on any such copy.

5. —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.

6. — (1) The following provisions of the Act of 1953 are hereby repealed as from the transfer date: Part II (except sections 6, 17, 18 and 19), Part III, sections 28 and 34, subsection (2) of section 35, Part V and Part VI.

(2) The Act of 1953, so far as unrepealed by subsection (1), is hereby repealed as from the date of dissolution of the outgoing Board under section 20.