Social Welfare Act, 1952
|
PART V. Miscellaneous. | ||
|
Grants to funds of superannuation schemes. |
60.—(1) Regulations may provide that where, in the case of any group of employed persons— | |
(a) such persons are employed by the same person or are members of a trade union within the meaning of the Trade Union Acts, 1871 to 1949, | ||
(b) such persons either are insured persons or would be insured persons but for regulations made for the purposes of paragraph (a) of subsection (5) of section 4 of this Act, and | ||
(c) a superannuation scheme in a form approved of by the Minister has been set up for the benefit of such group, | ||
the Minister may make grants to the funds of the superannuation scheme. | ||
(2) Grants made pursuant to regulations for the purposes of this section and any expenses incurred by the Minister in carrying such regulations into effect shall be paid out of moneys provided by the Oireachtas and section 40 of this Act shall not apply in relation to such grants or expenses. |