{"id":27925,"date":"2023-10-06T21:48:46","date_gmt":"2023-10-06T21:48:46","guid":{"rendered":"https:\/\/legalblog.ie\/?p=27925"},"modified":"2023-12-16T21:40:36","modified_gmt":"2023-12-16T21:40:36","slug":"cie","status":"publish","type":"post","link":"https:\/\/legalblog.ie\/cie\/","title":{"rendered":"CIE"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_63 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/legalblog.ie\/cie\/#CIE_Rationalisation\" title=\"CIE &amp; Rationalisation\">CIE &amp; Rationalisation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/legalblog.ie\/cie\/#CIE_a_Private_Company\" title=\"CIE a Private Company\">CIE a Private Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/legalblog.ie\/cie\/#Nationalisation_of_CIE\" title=\"Nationalisation of CIE\">Nationalisation of CIE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/legalblog.ie\/cie\/#Duties_Financial_Position\" title=\"Duties &amp; Financial Position\">Duties &amp; Financial Position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/legalblog.ie\/cie\/#Reorganisation\" title=\"Reorganisation\">Reorganisation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/legalblog.ie\/cie\/#Purposes_of_the_2012_Act\" title=\"Purposes of the 2012 Act\">Purposes of the 2012 Act<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/legalblog.ie\/cie\/#Provisions_of_the_Act\" title=\"Provisions of the Act\">Provisions of the Act<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"CIE_Rationalisation\"><\/span>CIE &amp; Rationalisation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Transport Act, 1944 established C\u00f3ras Iompair \u00c9ireann and CIE and dissolved the Great Southern Railways and Dublin United Transport Company Limited.\u00a0 Their undertakings were transferred to CIE. Later, in 1945 following the fall of the previous minority government and the Transport Bill (due a pending investigation in on stock market irregularities) legislation was passed to compulsorily acquire the Great Southern Railways.<\/p>\n<p>CIE also acquired the Royal Canal which is the property of The Midland Great Western Railway since 1845.\u00a0 CIE became the largest employer in the state with a staff of over 21,000.\u00a0 At that point in time, there existed the Great Northern Railway and four other railways across borderlines mainly to London and Lough Swilly Railway.\u00a0 The County Donegal Joint Railways Committee, the Sligo, Leitrim and Northern Counties Railway and the Dundalk, Newry and Greenore Railway.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"CIE_a_Private_Company\"><\/span>CIE a Private Company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The legislation provided for government \u00a0appointments to the board of CIE, but it remained a private company.\u00a0 There were provisions to ensure that there was adequate control by the authority over charges.\u00a0 There were provisions to procure that there were transport services in all parts of the country.\u00a0 There were provisions against discriminatory treatment between different industries. There were provisions regarding \u00a0conditions of employment.<\/p>\n<p>Subject to the above, the \u00a0intention of the government was that the board should be left to free to run the business as it thinks best.\u00a0 Restrictions imposed by earlier legislation on transport undertakings were relieved. Special tariffs might be established for protector industries.\u00a0 Ministerial approval was required for branch cline closure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nationalisation_of_CIE\"><\/span>Nationalisation of CIE<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Transport Act, 1950 nationalised CIE. It saw the government buying out the debenture stockholders at par by giving them three percent transport stock for the holdings. CIE would be liable in interest on the new transport stock and could borrow from the government if funds were inadequate.<\/p>\n<p>The ordinary shares were converted on the basis of the \u00a380 of 3% stock for each \u00a3100 held.\u00a0 The government obtained direct control of all CIE stock and could appoint the board.<\/p>\n<p>CIE was released from all statutory controls over the fares and rates on the basis of the CIE board being appointed by the government. A transport tribunal was established which was to be involved in the stations concerning the closure of branch lines.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Duties_Financial_Position\"><\/span>Duties &amp; Financial Position<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Under the 1950 act, it was the general duty of the board to exercise its power to secure and provide economic, efficient, convenient and properly integrated public transport for passengers and merchandise by rail, road and water which due regards to safety of operations encouragement of national economic development and the maintenance of reasonable conditions for employment.<\/p>\n<p>It is the duty of the Board to conduct its undertaking so that, year on \u00a0year, the revenue would not be less than sufficient to make the charges properly chargeable to revenue. \u00a0New investment following the 1950 act amounted to \u00a33.4million, half the total authorised by the legislation. \u00a0There had been 25 years of neglect in terms of planned equipment and facilities.<\/p>\n<p>Throughout the 1950s CIE continued to lose significant sum, even greater than those which had been the intermediate cause of nationalisation. Under the authority of the legislation transport stock was issued to fund investment including that for diesel traction.<\/p>\n<p>The rest of the \u00a01950s \u00a0involved an almost complete conversion to diesel from steam, cross-border cooperation to continuously support GNR, many \u00a0branch line closures, development of road services and absorption of the Grand Canal. Applications were made to the transport tribunal in relation to the closure of branch lines. Numerous branch lines were closed in the late 1950s.<\/p>\n<section id=\"p_lt_ctl02_pageplaceholder_p_lt_ctl00_M10_5_m10Container\" class=\"m10\">\n<div class=\"m10__2-col\">\n<p class=\"m10__2-col__b\">In 1958 CI\u00c9 absorbed the road and rail services of the Great Northern Railway, which lay within the republic.\u00a0 This company had previously operated as a cross border body jointly managed by the two governments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Reorganisation\"><\/span>Reorganisation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"m10__2-col__b\">From 2nd February 1987, under the Transport (Re Organisation of C\u00f3ras Iompair \u00c9ireann) Act, 1986, CI\u00c9 was split into three operating compan<s>i<\/s>es, which remain in operation today &#8211; these are:<\/div>\n<\/div>\n<\/section>\n<section class=\"m10\">\n<ul>\n<li>Bus \u00c1tha Cliath \u2013 (Dublin Bus<s>)<\/s>\u00a0which operates Dublin City services.<\/li>\n<li>Bus \u00c9ireann &#8211; Irish Bus which operates provincial bus services, Expressway and city bus services in Cork, Limerick\u00a0and Galway.<\/li>\n<li>Iarnr\u00f3d \u00c9ireann &#8211; Irish Rail which operates rail services, including the cross-border Enterprise services operated jointly with Northern Ireland Railways.\u00a0 It also operates Rosslare Harbour.<\/li>\n<\/ul>\n<\/section>\n<p>Bus \u00c1tha Cliath Bus \u00c1tha Cliath services, across Dublin, are delivered by a highly diverse and talented workforce of over 3,800 people. Improving service performance and reliability for customers across the Greater Dublin Area (GDA), whilst also delivering key state projects such as BusConnects and Electrification of the city\u2019s bus fleet, was a key focus in 2022.<\/p>\n<p>Bus \u00c9ireann Bus \u00c9ireann is Ireland\u2019s national bus company, delivering public transport between and within towns and cities across the country. Through its three businesses, Public Service Obligation (PSO), Expressway, and School Transport, Bus \u00c9ireann connects people to whom and what matters to them, right throughout the country, on a weekly basis.<\/p>\n<p>Iarnr\u00f3d \u00c9ireann Iarnr\u00f3d \u00c9ireann is Ireland\u2019s national railway service provider, developing and operating the country\u2019s rail network. Iarnr\u00f3d \u00c9ireann\u2019s operational highlights<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Purposes_of_the_2012_Act\"><\/span>Purposes of the 2012 Act<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The purposes of the Act are:<\/p>\n<ul>\n<li>to increase CI\u00c9\u2019s borrowing powers for non-capital purposes, under the Transport Acts from \u20ac107 million to \u20ac300 million;<\/li>\n<li>to include a provision allowing CI\u00c9 to charge any borrowings of the Group to property held by it or its subsidiaries; and<\/li>\n<li>to streamline CI\u00c9 borrowing powers into a single enabling provision for all forms of borrowing undertaken by CI\u00c9 for non-capital purposes.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Provisions_of_the_Act\"><\/span>Provisions of the Act<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Act allows the Minister for Transport, Tourism and Sport and the Minister for Public Expenditure and Reform<br \/>\n\u2022 To give consent to CI\u00c9 to raise or borrow money for non-capital purposes<br \/>\n\u2022 sets a ceiling of \u20ac300 million for such borrowing. Subsection<br \/>\n\u2022 enables property to be used as security for borrowings, subject to compliance with section 67 of the Credit Institutions (Stabilisation) Act 2010 where Regulations are made under section 67(5) of that Act affecting CI\u00c9 or its subsidiaries.<\/p>\n<p>CI\u00c9 may lend money to the subsidiary companies and for the subsidiary companies to borrow money, with the consent of the Board of CI\u00c9, subject to the total ceiling for all borrowings of \u20ac300 million.<\/p>\n<p>The 2012 Act repeals sections 30 and 31 of the Transport Act 1950, which provided for the State guarantee of temporary borrowings and the laying of particulars of guarantees before the Houses of the Oireachtas.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-27925\" data-postid=\"27925\" class=\"themify_builder_content themify_builder_content-27925 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>CIE &amp; Rationalisation The Transport Act, 1944 established C\u00f3ras Iompair \u00c9ireann and CIE and dissolved the Great Southern Railways and Dublin United Transport Company Limited.\u00a0 Their undertakings were transferred to CIE. Later, in 1945 following the fall of the previous minority government and the Transport Bill (due a pending investigation in on stock market irregularities) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[104,232],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/27925"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=27925"}],"version-history":[{"count":11,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/27925\/revisions"}],"predecessor-version":[{"id":30315,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/27925\/revisions\/30315"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=27925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=27925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=27925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}