STATUTORY INSTRUMENTS.

S.I. No. 72 of 1999.

TURF DEVELOPMENT ACT, 1998 (SUBSIDIARIES) (TRANSFER DAY) ORDER, 1999.

S.I. No. 72 of 1999.

TURF DEVELOPMENT ACT, 1998 (SUBSIDIARIES) (TRANSFER DAY) ORDER, 1999.

I, MARY O'ROURKE, Minister for Public Enterprise, in exercise of the powers conferred on me by section 35 of the Turf Development Act, 1998 ( No. 26 of 1998 ), after consultation with the Minister for Finance and Board na Móna, public limited company, hereby order as follows:

1. This Order may be cited as the Turf Development Act, 1998 (Subsidiaries) (Transfer Day) Order, 1999.

2. The 1st day of April, 1999, is hereby appointed to be the transfer day in respect the following subsidiaries--

(a) Bord na Móna Energy Limited,

(b) Bord na Móna Horticulture Limited,

(c) Bord na Móna Fuels Limited,

(d) Bord na Móna Environmental Limited, and

(e) Bord na Móna Allen Peat Limited.

EXPLANATORY NOTE.

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order appoints 1st April 1999 as the day on which specified staff, assets, liabilities and undertakings of Bord na Móna plc. are transferred to five subsidiary companies established under the Companies Acts pursuant to the provisions of the Turf Development Act, 1998 .