S.I. No. 79/1959:

CUSTOMS-FREE AIRPORT (EXTENSION OF LAWS) REGULATIONS, 1959.

CUSTOMS-FREE AIRPORT (EXTENSION OF LAWS) REGULATIONS, 1959.

I, SEÁN F. LEMASS, Minister for Industry and Commerce, in exercise of the powers conferred on me by section 13 of the Customs-free Airport Act, 1947 (No. 5 of 1947), as amended by section 11 of the Customs-free Airport (Amendment) Act, 1958 (No. 29 of 1958), with the consent of the Minister for Finance, hereby make the following regulations :

1. These Regulations may be cited as the Customs-free Airport (Extension of Laws) Regulations, 1959.

2. The Exchange Control Regulations, 1959 ( S.I. No. 44 of 1959 ), shall extend to the Customs-free airport.

GIVEN under my Official Seal, this, 30th day of April, 1959.

(Signed) SEÁN F. LEMASS,

Minister for Industry and Commerce.

The Minister for Finance hereby consents to the making of the foregoing regulations.

GIVEN under my Official Seal, this 30th day of April, 1959.

(Signed) SÉAMAS Ó RIAIN.

EXPLANATORY NOTE.

These Regulations extend to the Custom-free Airport the Exchange Control Regulations, 1959 ( S.I. No. 44 of 1959 ).

The Exchange Control Regulations, 1959, consolidate the Exchange Control Regulations, 1955 to 1958, and amend them by widening the scope of the statutory exemptions covering the purchase of goods originating in the U.S. dollar area and Canada, by altering the prescribed manners of payment for goods exported to outside the Scheduled Territories, by simplifying the procedure required to be followed by persons exporting goods to or importing goods from outside the Scheduled Territories and by reducing the number of specified currencies, i.e., currencies which must be offered for sale to an Authorised Dealer.