The Gazette 1995

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. 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). 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. 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. 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. 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.

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.)

17 July, 1995

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)

5 July, 1995

5 July, 1995

17 July, 1995

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