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GAZETTE
AUGUST/SEPTEMBER 1995
L E G I S L A T I O N
U P D A T E
PARLIAMENTARY COMMITTEE
1995 LEGISLATION UPDATE -
10 June 1995 -31
July
1995
No. T i t le of Act and Date Passed
C omme n c eme nt Date/s
9. Stock Exchange Act, 1995 (14 June, 1995)
Enables the Central Bank to act as the supervisor of the
Irish Stock Exchange and of any stock exchange that may
by established in the jurisdiction in the future. The Central
Bank will also authorise and supervise the Irish member
firms of an approved exchange. The Act will meet
obligations
in respect of stock exchange member firms arising under EU
Directives regulating investment firms. Repeals the Stock
Exchange (Dublin) Act, 1799, and the Stockbrokers
(Ireland)
Act, 1918.
Commencement Order/s to be made.
1 August, 1995 - sections 6, 5 0 and definition
of statutory functions in s.3 (S.I. No. 2 0 6 of
1995.)
10. Occupiers' Liability Act, 1995 (17 June, 1 9 9 5)
Amends and extends the law relating to the liability of
occupiers of premises (including land) and certain other
property for injury or damage to persons or property while
on or in such premises or other property. Implements many
of the recommendations
contained in the Law Reform
Commission's Report on Occupiers' Liability (LRC 46-1994).
17 July, 1995
11. Investment Intermediaries Act, 1995 (4 July, 1995)
Provides for the authorisation and supervision of investment
business firms and investment product intermediaries
by
the Central Bank and by the Minister for Enterprise and
Employment. Implements EU Directives on Investment
Services and Capital Adequacy; amends the Companies
Act, 1990.
1 August, 1995 - all sections other than Part
IV and s.51; 1 November, 1995 - Part IV,
other than s . 2 8 ( 4) (S.I. No. 2 07 of 1 9 9 5)
12. Criminal Law (Incest Proceedings) Act, 1995 (5 July, 1995)
Provides that notwithstanding section 5 of the Punishment of
Incest Act, 1908, in any proceedings under that Act the verdict
or decision and the sentence (if any) shall be announced in
public but the identity of the parties will not be revealed.
Addresses the ruling of the Central Criminal Court (D.P.P.
v
W.M., Carney, J., 1 and 17 February, 1995) that section 5
of the Punishment of Incest Act, 1908, precludes the making
public of the verdict and sentence (if any) in a case of incest.
Amends the Punishment of Incest Act, 1908.
5 July, 1995
13. Tourist Traffic Act, 1995 (5 July, 1995)
Enables Bord Failte Eireann to delegate to a contractor
the majority of its inspection and associated functions and
powers under the Tourist Traffic Acts 1939 - 1987 in relation
to registration and grading of tourist accommodation,
and
under the Intoxicating Liquor Act, 1988, in relation to special
restaurant
licences.
5 July, 1995
14. Arterial Drainage (Amendment) Act, 1995 (17 July 1 9 9 5)
Amends and extends the Arterial Drainage Act, 1945, to
empower the Commissioners of Public Works to undertake
drainage schemes in catchment areas and to undertake
works to prevent or relieve localised flooding
including
flooding in urban and residential
areas.
17 July, 1995
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