Dáil Éireann debate -
Wednesday, 23 Oct 1946

Vol. 103 No. 1

Written Answers. - Directors of State-Controlled Companies.

Captain Giles

asked the Minister for Finance if he will state in respect of each of the years 1932 to 1946: (i) the name of each company, set up under the Companies Acts, in which the State has a financial interest by direct subvention, share subscription, guarantee or otherwise; (ii) whether any, and if so, what Minister, Department of State, or other State-controlled company has any rights to appoint the directors of each such company, and if so, what are such rights; and (iii) the name, date of appointment and remuneration of each member of each such board or controlling body, and whether any such members are entitled to carry on other gainful activities.

Minister for Finance (Mr. Aiken)

The particulars asked for by the Deputy in relation to certain companies set up in the years 1932 to 1946 are contained in the following statement:—

(i) Aer-Rianta, Teoranta, and Aer Lingus, Teoranta. Virtually all the capital of Aer-Rianta, Teoranta, is held by the Minister for Finance. Apart from shares held by the subscribers to the memorandum of association and by the directors, all the capital of Aer Lingus is held by Aer-Rianta, Teoranta.

(ii) The Minister for Finance has the right to appoint all directors of Aer-Rianta, Teoranta, after consultation with the Minister for Industry and Commerce, in accordance with the company's articles of association.

The Minister for Industry and Commerce has the right to appoint all directors of Aer Lingus, Teoranta, in accordance with the company's articles of association.

(iii) The following table shows the names, dates of appointment and tenure of office of the directors of Aer-Rianta, Teoranta, and Aer Lingus, Teoranta, since incorporation:—

Director	Aer-Rianta, Tecranta	Aer Lingus, Teoranta
From	To	From	To
John Leydon	5th April, 1937	continuing	1st December, 1941	continuing
Seán Ó hUadhaigh	,,	15th March, 1944	22nd May, 1936	15th March, 1944
	11th May, 1946	continuing	—	—
A.P. Reynolds	—	—	22nd May, 1936	30th November, 1941
J.J. O'Leary	—	—	22nd May, 1936	,,
	1st September, 1943	8th May, 1946	1st September, 1943	continuing
	31st July, 1946	continuing	—	—
W.H. Morton	—	—	22nd May, 1936	30th November, 1941
T.J. Flynn	1st December, 1941	31st July, 1945	22nd May, 1936	31st July, 1945
J.P. O'Brien	5th April, 1937	8th May, 1946	1st December, 1941	continuing
	31st July, 1946	continuing	—	—
Séamus Fitzgerald	,,	9th July, 1943	,,	9th July, 1943
	11th May, 1946	continuing	—	—
J.P. Reihill	,,	,,	—	—
D.Ú hIarfhlaithe	,,	,,	—	—
R.C. Ferguson	1st August, 1945	4th August, 1945	1st August, 1945	4th August, 1945

Since 1st December, 1941, the remuneration of each of the directors of Aer-Rianta, Teoranta, is at the rate of £300 per annum. Directors of Aer Lingus, Teoranta, who are also directors of Aer-Rianta, Teoranta, receive no extra remuneration. Directors of Aer Lingus, Teoranta, who are not also directors of Aer-Rianta, Teoranta, receive remuneration at the rate of £300 per annum. Members of the boards of both companies are entitled to carry on other gainful occupations.

(i) Cólucht Groighe Náisiúnta na h-Eireann, Teoranta (The Irish National Stud Company, Limited) was incorporated on the 11th April, 1946, under the Companies Acts, 1908 to 1924, and is governed by the provisions of the National Stud Act, 1945. The financial interest of the State derives from Sections 15, 16, 18, 19 and 21 of the National Stud Act, 1945.

(ii) The right to appoint directors is vested by the company's articles of association in the Minister for Finance, after consultation with the Minister for Agriculture.

(iii) The names, date of appointment and remuneration of the directors are as follows:—

Director	Date of appointment	Remuneration
Major-General Liam Hayes (Chairman)		per annum
	18th April, 1946	£300
The Earl of Fingall	,,	£150
Captain Charles Moore	,,	£150
P.F. Cannon	,,	£150
P.J. Ruttledge, T.D.	,,	£150

All the directors are entitled to carry on other gainful activities.

(i) Comhlucht Gual Láthrach Shliabh Árdachadh, Teoranta, was incorporated on the 20th May, 1941, in accordance with the Slievardagh Coalfield Development Act, 1941. The company was dissolved and its undertaking transferred to Mianraí, Teoranta, on 1st June, 1945, by the Minerals Company Act, 1945. All the shares were held by or on trust for the Minister for Finance. Repayable advances were made to the company from the Vote for Industry and Commerce.

(ii) The articles of association of the company provided that the chairman, managing director and other directors should be appointed by the Minister for Finance after consultation with the Minister for Industry and Commerce.

(iii) The particulars required regarding the directors are given in the following statement:—

Name	PERIOD OF APPOINTMENT	Remuneration
From	To
			£
T.P. Gillic (Chairman).	21st May, 1941	30th November, 1943.	300	per annum.
V.D. Harty (Managing Director)	21st May, 1941	30th November, 1943.	1,000	,,,,
M.A. Hogan	21st May, 1941	31st May, 1945	100	,,,,
J.P. Reihill	21st May, 1941	31st May, 1945	100	,,,,
J. Prior Wandesforde	21st May, 1941	10th April, 1943	100	,,,,
P.S. Brady (Chairman).	1st December, 1943	31st May, 1945	225	,,,,
F.F. O'Kelly (Managing Director)	1st December, 1943	31st May, 1945	700	,,,,
Art Ó Briain	1st December, 1943	31st May, 1945	75	,,,,
J.C. Corballis	1st December, 1943	31st May, 1945	75	,,,,
P.J. Fleming	1st December, 1943	31st May, 1945	75	,,,,

The managing director was not allowed to engage in or be connected with any outside business so long as his appointment continued, but the other members of the board of directors were free to carry on other gain ful activities.

(i) Comhlucht Lorgtha agus Forbartha Mianraí, Teo. (Mianraí, Teo., as from 1st June, 1945) was incorporated as a public limited liability company on the 1st September, 1941, in accordance with the provision of the Minerals Exploration and Development Company Act, 1941. All the shares are held by, or on trust for, the Minister for Finance. Repayable advances are made to the company from the Vote for Industry and Commerce.

(ii) The articles of association of the company provide that the chairman, the managing director and all the other directors shall always be appointed by the Minister for Finance, after consultation with the Minister for Industry and Commerce and the Minister for Agriculture.

(iii) The particulars required regarding the directors are given in the following statement.

Name	PERIOD OF APPOINTMENT	Remuneration
From	To
			£
P.S. Brady (Chairman).	1st October, 1941	30th November, 1943	300	per annum.
	1st December, 1943	31st May, 1945	225	,,,,
	1st June, 1945	continuing	450	,,,,
F.F. O'Kelly (Managing Director)	1st October, 1941	30th November, 1943	1,200	,,,,
	1st December, 1943	31st May, 1945	700	,,,,
	1st June, 1945	continuing	1,400	,,,,
Art Ó Briain	1st October, 1941	30th November, 1943	100	,,,,
	1st December, 1943	31st May, 1945	75	,,,,
	1st June, 1945	continuing	150	,,,,
J.C. Corballis	1st October, 1941	30th November, 1943	100	,,,,
	1st December, 1943	31st May, 1945	75	,,,,
	1st June, 1945	18th December, 1945	150	,,,,
T. Hallissy	1st October, 1941	30th November, 1943	100	,,,,
P.J. Fleming	1st October, 1941	30th November, 1943	100	,,,,
	1st December, 1943	31st May, 1945	75	,,,,
	1st June, 1945	continuing	150	,,,,
M.A. Hogan	1st December, 1943	31st May, 1945	75	,,,,
	1st June, 1945	continuing	150	,,,,
J.P. Reihill	1st December, 1943	31st May, 1945	75	,,,,
	1st June, 1945	continuing	150	,,,,
A.J. Woods	8th February, 1946	continuing	150	,,,,

The managing director is not allowed to engage in or be connected with any outside business, but the other members of the board of directors are entitled to carry on other gainful activities.

(i) Comhlucht Siúicre Éireann, Teoranta, is a public limited liability company established in accordance with the provisions of the Sugar Manufacture Act, 1933. The majority of the shares is held by the Minister for Finance.

(ii) The articles of association provide that the number of directors shall be seven, of whom, in existing circumstances, four are nominated by the Minister for Finance, after consultation with the Minister for Agriculture and the Minister for Industry and Commerce, and three are elected by the members of the company.

(iii) The following table shows the names, dates of appointment or election and remuneration of the directors:—

Name	Tenure of Office	Remuneration
From	To
Joseph H. Hinchcliff (Chairman).	26th September, 1933	22nd July, 1937	£2,000 p.a.
Theodor M. Hayek (Managing Director).	26th September, 1933	5th September, 1940	£3,800 p.a., 9th October, 1933, to 8th July, 1936; £3,500 p.a., 9th August, 1936, to 31st August, 1937; £1,000 p.a., (including £700 p.a. as Technical Consultant) from 1st September, 1937 to 5th September, 1940.
John B. Connell (Vice-Chairman, 1st July, 1934, to 31st August, 1937; Managing Director, 1st September, 1937, to 26th December, 1939).	26th September, 1933	26th December, 1939	£300 p.a. to 30th June, 1934; £1,400 p.a. (inclusive of Civil Service Salary) from 1st July 1934, to 31st August, 1937; £2,000 p.a. from 1st September, 1937, to 26th December, 1939.
Patrick O'Kelly	26th September, 1933	10th November, 1937	£300 per annum.
Edmund Williams (Chairman, 4th November, 1937, and Managing Director, 11th April, 1940).	26th September, 1933	continuing	£300 p.a. to 3rd November, 1937; £750 p.a. subsequently.
William S. Yates	26th September, 1933	23rd July, 1936	£300 p.a.
Seán MacAilin	26th September, 1933	continuing	£300 p.a.
Michael J. Behan	23rd July, 1936	,,	£300 p.a.
Algernon A. Odlum	4th November, 1937	,,	£300 p.a.
Sir Alexander Maguire	11th November, 1937	8th November, 1939	£300 p.a.
Anthony J. Lalor	7th December, 1939	continuing	£300 p.a.
Patrick Cahill	25th July, 1940	,,	£300 p.a.
Timothy O'Mahony	3rd October, 1940	,,	£300 p.a.

The position of director (including managing director) is part-time. The first chairman (Dr. Hinchcliff), the first vice-chairman (Mr. Connell), and the first managing director (Mr. Hayek) held full-time posts.

(i) Fuel Importers (Éire), Limited, was incorporated on 8th July, 1940, as a limited liability company.

The Minister for Finance has, under the Emergency Powers (No. 157) Order, 1942, as amended, guaranteed the borrowings of the company from its bankers up to a limit of £2,000,000.

(ii) No Minister, Department of State or other State controlled company has any rights of appointment of the directors of the company.

(iii) The board of directors of the company and their dates of appointment are as follows:—

J.P. Reihill (8th July, 1940), V.A. Carroll (8th July, 1940), P.J. Collins (8th July, 1940), G.I. Corbett (8th July, 1940), W.J.Grey (8th July, 1940, to 23rd May, 1944), R.A. Morris (8th July, 1940), M.J. Murphy (8th July, 1940), T.P. O'Connor (8th July, 1940, to 7th March, 1943), J. O'Keeffe (8th July, 1940), T. MacMahon (23rd May, 1944, to 2nd July, 1946), J.P. Meadows (9th July, 1940).

In accordance with the provisions of the articles of association of the company no remuneration has been paid to any of the directors, all of whom are entitled to carry on other gainful activities.

(i) Grain Importers (Éire), Limited, was incorporated under the Companies Acts, 1908 to 1924, on the 29th September, 1939. The Minister for Finance has guaranteed, under the Emergency Powers (No. 157) Order, 1942, as amended, the company's borrowings from its bankers within a maximum of £1,250,000. The losses incurred by the company on the allocation of wheat to millers are met out of moneys voted by the Oireachtas for Food Subsidies (Vote for Industry and Commerce).

(ii) No provision is made in the articles of association for the appointment of directors of the company by any Minister or Department of State, or other State controlled company.

(iii) Five of the six directors were appointed on the incorporation of the company on 29th September, 1939. Their names are:— J.M. Aimers, T.W. H. Davies, H. Golden, J.P. Goodbody, F.P. Hallinan. The sixth director, Major T.D. Hallinan, was co-opted as an additional director on the 4th October, 1939.

The directors do not receive any remuneration for their services, by way of fees or otherwise.

There is no restriction on the carrying on of other gainful activities by the directors.

(i) The Industrial Credit Company, Ltd., was incorporated as a limited liability company on the 4th October, 1933, in compliance with the provisions of the Industrial Credit Act, 1933. The majority of the shares are held by the Minister for Finance.

(ii) There are five directors, three of whom are nominated by the Minister for Finance, two being elected by the shareholders.

(iii) The names, dates of appointment and remuneration of the directors are as follows:—

Name	Date of Appointment	Remuneration
J.P. Colbert, Chairman and Managing Dir- ector.	16th October 1933	£1,400 per annum to 31st October, 1935.£1,600 per annum from 1st November, 1935.
M.W. O'Reilly	3rd June, 1943	£300 per annum
J.F. Punch	16th October, 1933 (resigned 31st March, 1943).	£300,,
L.J. Kettle	16th October, 1933	£300,,
T. Caffrey	,,	£300,,
J.J. O'Leary	,,	£300,,

The chairman and managing director is obliged to devote his whole time to the company's business. The ordinary directors are not restricted from engaging in other activities.

(i) The Industrial and Life Assurance Amalgamation Co., Ltd., was incorporated on the 31st October, 1938, in compliance with the provisions of the Insurance (Amendment) Act, 1938. The Act authorised the Minister for Finance to pay to the company all such sums as might be required to meet deficiencies in the funds of the companies participating in the amalgamation. The Act also provided for the allotment of shares to the Minister for Finance, who holds all the shares with voting rights.

(ii) The directors of the company are appointed by the Minister for Industry and Commerce.

(iii) The name, date of appointment, and remuneration of each director are as follows:—

Name	Date of Appointment	Remuneration
J.C. Dowdall (Chairman)	31st October, 1938 (died 28th June, 1939).	£200 per annum
E. O'Brien	31st October, 1938	£200,,
D.J. O'Donoghue	31st October 1938	£200,,
J.O'Neill	31st October, 1938	£200,,
F.P. Symmons
As Director	31st October, 1938, (resigned 1st July, 1942).	£200,,
As Managing Director.	17th November, 1938 (resigned 21st May, 1941)	£1,750 ,,
W. Boland (Chairman).	20th July, 1939	£110 " from 20th July, 1939. £300 per annum from 1st January, 1940.
A.W. Bayne
As Director	21st May, 1941	£200 per annum.
As Managing Director.	22nd May, 1941	Nil other than fees as an ordinary Director so long as he is Managing Director of the Irish Assurance Company Ltd.

The warrant of appointment of the managing director contains the usual clauses prohibiting competitive activities but otherwise all directors are entitled to carry on other gainful activities.

(i) The Irish Assurance Company, Limited, was incorporated on the 15th March, 1939, in compliance with the provisions of the Insurance (Amendment) Act, 1938. All the original share capital of the company is held by the Industrial and Life Assurance Amalgamation Company, Limited, in which the Minister for Finance holds all the shares with voting rights.

(ii) The Minister for Industry and Commerce had the right to appoint the first directors of the company. He also had the right to appoint the first managing director and his successor should the first managing director cease to hold office during six years from the incorporation of the company. Otherwise the directors are appointed by the company in the ordinary way.

(iii) The name, date of appointment, and remuneration of each director are as follows:—

Name	Date of Appointment	Remuneration
J.C. Dowdall (Chairman)	15th March, 1939 (died 28th June, 1939).	£100 per annum.
W.Boland
As Director	15th March, 1939	£200,,
As Managing Director (appointed by Board).	20th July, 1939	£200 per annum from 20th July, 1939. £300 per annum from 1st January, 1940.
T. Caffrey	15th March, 1939	£200 per annum
J. Leydon	15th March, 1939	£200,,
P. McCarthy	15th March, 1939	£200,,
J.A. Nugent	15th March, 1939	£200,,
F.P. Symmons
As Director	15th March, 1939 (resigned 1st July, 1942).	£200,,
As Managing Director.	3rd April, 1939 (resigned 21st May, 1941).	Nil other than fees as an ordinary Director so long as he was Managing Director of the Industrial & Life Assurance Co., Ltd.
A.W. Bayne
As Director (co-opted).	14th May, 1941	£200 per annum
As Managing Director (appointed by Minister for Industry and Commerce).	22nd May, 1941	£1,600 salary (is also Managing Director of the Industrial & Life Assurance Amalgamation Co. Ltd., without additional remuneration other than Director's fees).

The warrant of appointment of the managing director contains the usual clauses prohibiting competitive activities, but otherwise all directors are entitled to carry on other gainful activities.

(i) Irish Shipping, Limited, was incorporated under the Companies Acts on the 21st March, 1941.

The total capital of the company is 200,000 shares of £1 each of which the Minister for Finance holds all except seven shares consisting of the directors' qualification shares and one share held by the secretary. A guarantee by the Minister for Finance of borrowings by the company up to a maximum of £2,000,000 in accordance with the Emergency Powers (No. 157) Order, 1942, lapsed in August, 1942, no payment by the Minister being required thereunder.

(ii) In accordance with the articles of association of the company, the Minister for Finance, after consultation with the Minister for Supplies, appointed the first directors of the company. The articles also provide that so long as the Minister for Finance holds not less than one-tenth in nominal value of the issued shares of the company, or so long as any debentures of the company guaranteed by him are outstanding, any vacancy in the directorate nominated by him shall be filled by his nomination, after consultation with the Minister for Supplies (now Industry and Commerce).

(iii) The following members of the board were appointed on 21st March, 1941:—Mr. John Leydon (chairman), Mr. S.J.K. Roycroft, Major T.D. Hallinan, Mr. T.J. Flynn, Mr. J.J. Stafford (Junior), Captain A.S. Gordon. On the 6th December, 1945, Mr. J.P. Reihill and Mr. J.F. Dempsey were appointed to fill the vacancies occurring on the resignations of Captain Gordon and Mr. Flynn. Mr. Dempsey resigned on the 22nd August, 1946.

Major Hallinan and Messrs. Reihill, Roycroft and Stafford have accepted director's fees at the rate of £500 per annum as from 1st July, 1945, the 6th December, 1945, the 1st July, 1946, and the 1st July, 1946, respectively. Mr. J. F. Dempsey accepted fees at similar rates from 6th December, 1945 to 22nd August, 1946. The chairman acts without remuneration. There is no restriction on members of the board from carrying on other gainful activities.

(i) Monarchana Alcóil na hÉireann, Teo., was incorporated on the 16th November, 1938, as a limited liability company in compliance with the provisions of the Industrial Alcohol Act, 1938. Virtually the entire share capital is held by the Minister for Finance.

(ii) Three of the directors hold office by nomination of the Minister for Finance and two by election by the members of the company.

(iii) The names, dates of appointment and remuneration of the directors are as follows:—

Name	Date of Appointment	Remuneration
G. Van der Lee (Managing Director)	10th March, 1939	£1,800 per annum to 31st August, 1943.
		£1,200 per annum from 1st September, 1943.
T.J. Nolan (Chairman)	10th March, 1939 (died 12th March, 1945).	£200 per annum to 30th September, 1942, and £300 per annum from 1st October, 1942.
C.S. Almond	10th March, 1939	£100 per annum.
T.S. Wheeler	2nd October, 1945	£100,,
G.P.S. Hogan	14th June, 1939	£100,,
J. Williams	7th Nov., 1945	£100,,
E.M. Forde	10th March, 1939 (died 18th September, 1944).	£100,,
R.C. Ferguson	8th Dec., 1944 (died 4th August, 1945).	£100,,

The managing director is obliged to devote the whole of his time to the business of the company. There is no restriction on the ordinary directors engaging in other gainful activities.

(i) Oils and Fats (Éire), Limited, is a non-profit-making company, incorporated under the Companies Acts on 18th February, 1944, to purchase and import available supplies of vegetable oils and animal fats. The Minister for Finance has under the Emergency Powers (No. 157) Order, 1942, as amended, guaranteed the borrowings of the company up to a limit of £1,500,000.

(ii) No Minister, Department of State, or other State controlled company has any formal statutory rights regarding the appointment of the directors of the company. The Minister for Supplies, however, nominated the original board of directors of the company from a panel of names submitted by the various interests affected by the company's activities.

(iii) The board of directors of the company which was nominated by the Minister for Supplies on 15th December, 1943, is comprised as follows:—Timothy O'Mahony (chairman), Geoffrey Causer, Evilyn C. Harrington, Reginald Knight, Uneko Jacob Reinders, Stanley H.L. King, John F. Punch. None of the directors is entitled to any remuneration. The directors may carry on other gainful activities.

(i) Tea Importers (Éire), Limited, was incorporated as a private limited company on the 8th July, 1941. The Minister for Finance has, under the Emergency Powers (No. 157) Order, 1942, as amended, guaranteed the borrowings of the company from its bankers up to a limit of £1,500,000 and subsidies from voted moneys have been paid to the company in recoupment of trading losses sustained by it.

(ii) No Minister, Department of State or other State-controlled company has any right of appointment of directors of the company.

(iii) Messrs. David Coyle, Percy McGrath, John F. Punch and Henry J. Simpson have held office as directors continuously since the incorporation of the company on 8th July, 1941. In accordance with the provisions of the articles of association of the company no remuneration has been paid to any of the directors, all of whom are entitled to carry on other gainful activities.

(i) Timber Importers, Limited, was incorporated on 20th November, 1939, under the Companies Acts. The articles of association provide that on the winding up of the company any surplus assets available shall be paid or transferred to the Minister for Finance for the benefit of the Exchequer.

(ii) The directors are appointed in accordance with article 14 of articles of association which gives the right of nomination in specified proportions to certain named associations. No Minister, Department of State or other State-controlled company has any rights in regard to their appointment.

(iii) The names and dates of appointment of the present members of the board of directors are as follows:—

Name	Date of Appointment
Mr. C.M. O'Kelly	16th November, 1939
,, A.B. MacNaughton	,,,,,,
,, G.S. Gamble	,,,,,,
,, P.L. McCarthy	,,,,,,
,, M.F. Phelan	,,,,,,
,, H.P. McMahon	6th June, 1944
,, A.J. Dinan	,,,,,,
,, M. O'Mahony	,,,,,,
,, G.V. Perry	,,,,,,
,, D.B. McBride	23rd November, 1944
,, H.M. Dockrell, T.D.	12th June, 1945
,, G.M. Soden	,,,,,,
,, J.J. Doyle	,,,,,,

The directors are normally not entitled to any remuneration. A director required to go abroad or to render any other extraordinary service may be granted such special remuneration for the services rendered as the directors think proper.

Directors are entitled to carry on other gainful activities.

(i) The Turf Development Board, Ltd., incorporated as a limited liability company on the 16th July, 1934, was dissolved on 20th June, 1946, under the Turf Development Act, 1946. Non-repayable Grants-in-Aid in respect of administrative expenses and repayable Grants-in Aid for the development of bogs were made to the company from voted moneys.

(ii) Under the articles of association the directors of the company were nominated by the Minister for Industry and Commerce, with the approval of the Minister for Finance.

(iii) Following are the required particulars regarding the directors:—

Name	Period of Office	Remuneration
R. C. Barton (Chairman).	18th July, 1934, to 20th June, 1946.	£150 per annum from 19th October, 1936, to 20th June, 1946.
H. Kennedy	18th July, 1934, to 15th November, 1937.	£100 per annum from 19th October, 1936, to 15th November, 1937.
C.S. Andrews, (Managing Director).	18th July, 1934, to 20th June, 1946.	£150 per annum from 19th October, 1936, to 9th April, 1940.£100 per annum from 10th April, 1940, to 31st December, 1941£200 per annum from 1st January, 1942, to 20th June, 1946
A. O'Rahilly	15th October, 1936 to 20th June, 1946.	£100 per annum from 19th October, 1936, to 20th June, 1946
W. Quirke	15th October, 1936 to 20th June, 1946.	£100 per annum from 19th October, 1936, to 20th June, 1946
T.S. Wheeler	20th September, 1945, to 20th June, 1946.	£100 per annum from 20th September, 1945, to 20th June, 1946.

The managing director was required to devote the whole of his time to the duties of this office.

The chairman and the ordinary members were required to devote to the performance of their duties as members of the board so much of their time as was necessary for the proper and efficient discharge by them of these duties.

Captain Giles

asked the Minister for Finance if he will state in respect of each of the years 1932 to 1946 (i) the name of each board or corporation, set up by statute, in which the State has a financial interest by direct subvention, share subscription, guarantee or otherwise; (ii) the manner in which the board of directors or other controlling body is appointed, and (iii) the name, date of appointment and remuneration of each member of each such board or controlling body, and whether any such members are entitled to carry on other gainful activities.

Mr. Aiken

The particulars asked for by the Deputy in relation to certain boards or corporations set up in the years 1932 to 1946 are contained in the following statement:—

(i) The Agricultural Wages Board was set up under the provisions of the Agricultural Wages Act, 1936. The expenses of the board, including the payment of the chairman and staff, are borne on the Vote for Agriculture.

(ii) The board consists of 12 members, namely the chairman and 11 ordinary members. Of the 11 ordinary members three are neutral members, four are employers' members and four are workers' members. The chairman and 11 ordinary members are nominated by the Minister for Agriculture.

(iii) The names, periods of appointment and remuneration of the chairman and ordinary members are as follows:—

Remuneration	Period of Office
From	To
William O'Leary (Chairman)	27th April, 1937	continuing	£750 p.a.
Ordinary Members:
Neutral Members:
Éilis Nic Eachnaidh	16th April, 1937	continuing	Nil
Senator Séamus Johnston	,,	,,	Nil
Cornelius O'Donovan	,,	22nd December, 1939	Nil
Bernard Dooley	1st January, 1940	continuing	Nil
Employers' Members:
Cornelius Meany	16th April, 1937	2nd October, 1937	Nil
Daniel O'Gorman	,,	continuing	Nil
John N. Green	,,	8th July, 1946	Nil
Thomas Ruane	,,	31st August, 1937	Nil
Martin Neilan	24th September, 1937	continuing	Nil
Cornelius Ryan	28th October, 1937	,,	Nil
C. Cosgrave	7th August, 1946	,,	Nil
Workers' Members:
Patrick Whelan	16th April, 1937	continuing	Nil
Seán O'Doherty	,,	25th July, 1938	Nil
Denis Lehane	,,	continuing	Nil
Patrick Cody	,,	8th June, 1938	Nil
Séamus S. Dubhlaigh	18th August, 1938	continuing	Nil
Hugh O'Donnell	1st January, 1940	,,	Nil

The chairman is required to devote his whole time to the work of the board. The ordinary members of the board follow their normal avocations and they are entitled to carry on other gainful activities.

(i) Bórd na Móna was established by the Turf Development Act, 1946, as from 21st June, 1946. The Act provides for the making of repayable advances by the Minister for Finance to the board out of the Central Fund and also for grants to the board from voted moneys.

(ii) The power to appoint directors is vested in the Government by Section 9 of the Turf Development Act, 1946.

(iii) The names, date of appointment and remuneration of the directors are as follows:—

Name	Date of Appointment	Remuneration
R. C. Barton (Chairman)	21st June, 1946	£250 per annum
C.S. Andrews (Managing Director)	21st June, 1946	£1,700,,
Aodh. O'Rahilly	21st June, 1946	£150,,
Anthony Woods	21st June, 1946	£150,,
T.S. Wheeler	21st June, 1946	£150,,

The managing director is required to devote the whole of his time to the duties of his office. The chairman and the other members of the board of directors are required to devote to the performance of their duties as members of the board so much of their time as may be necessary for the proper and efficient discharge by them of those duties.

(i) The Central Bank of Ireland was established by the Central Bank Act, 1942. The capital is held by the Minister for Finance.

(ii) The governor of the Central Bank is appointed by the President on the advice of the Government. The directors are appointed by the Minister for Finance.

(iii) The term of office of the governor, Mr. Joseph Brennan, commenced on the 1st February, 1943. His remuneration is determined by the board of directors. Following are the particulars required regarding the directors:

Name	Date of Original Appointment	Remuneration
Gabriel Brock	1st February, 1943	£500 per annum
David D. Coyle	,,	,,
Lord Glenavy	,,	,,
Jas. J. McElligott	,,	,,
William O'Brien	,,	,,
John F. Punch	,,	,,
Tim. A. Smiddy	,,	,,
Malachi Sweetman	,,	,,

The Central Bank Act provides that the board shall consist of three banking directors and such number of other directors, not exceeding five, as the Minister for Finance may from time to time determine. Not more than two directors who are in the permanent service of the Government may hold office at any one time. There are no other provisions bearing on the carrying on of other gainful activities by the directors, except that a director is, while holding office as such, disqualified from being nominated or elected and from sitting or receiving payment as a member of Dáil Eireann or of Seanad Eireann or as Uachtarán.

(i) Córas Iompair Éireann was set up by Section 9 of the Transport Act, 1944. The debenture stock of Córas Iompair Éireann, and also the interest thereon, subject to a maximum of 3 per cent. per annum is guaranteed by the Minister for Finance.

(ii) The six stockholders' directors are appointed in pursuance of Section 37 and the Fourth Schedule to the Transport Act, 1944. The chairman is appointed by the Minister for Industry and Commerce under Section 39 of the Act.

(iii) The names and dates of appointment of the present board are as follows:—

Name	Date of Appointment
Mr. A.P. Reynolds (Chairman).	1st January, 1945
Hon. W.E. Wylie, K.C. (Vice-Chair- man).	1st January, 1945.
Mr. J.F. Costello	18th April, 1945.
Mr. C.D. Hewat	1st January, 1945.
Mr. James Dwyer	1st January, 1945.
Mr. John McCann	1st January, 1945.
Mr. H.B. Pollock	8th March, 1945.

The amount of fees to be paid to the directors, including the chairman, was determined, pursuant to the provisions of the Transport Act, 1944, at the first ordinary meeting of the common stockholders of the company held on 28th February, 1945. The following resolution was passed:—

"That the fees to be paid to the board of directors be, and are hereby determined at £8,500 per annum."

The amount of fees paid to individual directors is not known.

The chairman holds office on the condition that he shall devote so much of his time to his duties as chairman as shall be necessary for the proper and efficient discharge of those duties. There is no restriction on the stockholders' directors from engaging in other gainful activities.

(i) Cumann an Árachais Náisiúnta ar Shláinte was established in 1933 under the National Health Insurance Act, 1933.

(ii) In accordance with the provisions of that Act, the Minister for Local Government and Public Health appointed a provisional committee of three persons to administer the affairs of the society. The National Health Insurance and Widows' and Orphans' Pensions Act, 1936, provides that the committee of management shall consist of 15 members of whom seven are appointed by the Minister for Local Government and Public Health, three are nominated by the Irish Trade Union Congress and five are elected by an electorate nominated by local authorities.

(iii) The members of the provisional committee, who held office until 1936, were:—Mr. D.J. O'Donovan (chairman), Mr. W.J. Kavanagh, Mr. P.J. Keady. The constitution of the committee of management for each year from 1936 onwards is set out in a separate statement.

The chairman of the provisional committee, who was a civil servant, received, in addition to his Civil Service salary, an allowance at the rate of £250 per annum. The other two members of the provisional committee, who were also civil servants, received allowances at the rate of £150 per annum.

The chairman of the committee of management for the years 1936/37 to 1944/45, Inclusive, received an allowance of £10 in respect of each attendance at a meeting of the committee to cover all expenses, including travelling and subsistence. The chairman for the year 1945/46 and the present year receives an allowance at the rate of £250 per annum.

The members of the committee other than the chairman, in addition to travelling and subsistence expenses, and recoupment of any wages lost through attendance at meetings, receive an allowance of £2 in respect of each attendance at a meeting of the committee of management and £1 in respect of each attendance at any other meeting, e.g., of a sub-committee.

The only restriction as regards employment placed on members of the committee of management is that contained in Section 8 of the National Health Insurance Act, 1933, which provides that a member of the committee may not be a member of the committee of management or board of directors of any society or company transacting insurance business or be employed as an officer, agent or employee of any such society or company.

STATEMENT SHOWING THE MEMBERS OF THE COMMITTEE OF MANAGEMENT OF CUMANN AN ARACHAIS NAISIUNTA AR SHLAINTE FROM 1936 TO 1946

YEAR	Appointed by the Minister for Local Government and Public Health	Nominated by the Irish Trade Union Congress	Elected
Chairman	Trustees	Employer's Representatives
1936-37	Most Rev. Dr. Dignan, Bishop of Clonfert	Mr. Thomas Foran Professor R.J.Rowlette, M.D., T.D.Mrs. Helena Concannon, M.A., D.Litt., T.D.	Mr. Wm. O'MearaMr. Jn. O'NeillMr. Sean Noonan (up to the date of his death 18/7/37). Replaced by:— Senator Wm. O'Callaghan.	Mr. J.J. FarrellyMr. P. Shanahan Miss E. O'Connor	Mr. Ml. GallagherMr. Sean HorganMr. R.PowerMr. R.StapletonMr. J. Billings
1937-38	As in previous year	As in previous year	Senator Wm. O'Callaghan	As in previous year	As in previous year
			Mr. Wm. O'Meara
			Mr. Jn. O'Neill
1938-39	As in previous year	As in previous year	Senator O'CallaghanMr. Jn. O'NeillMr. Wm. O'Meara (up to the date of his death 31/5/39). Replaced by:—Mr. J.F. O'Gorman	As in previous year	Mr. Ml. GallagherMr. Sean HorganMr. R. PowerMr. M. ArmstrongMr. J.J. Keane
1939-40	As in previous year	As in previous year	Senator O'Callaghan	As in previous year	Mr. Ml. Gallagher
			Mr. J.F. O'Gorman		Mr. Sean Horgan
			Mr. Jos. McKinley		Mr. R. James
					Mr. Joseph Cahill
					Mr. Ml. Stafford
1940-41	As in previous year	As in previous year	As in previous year	Miss E. O'Connor	Mr. Ml. Gallagher
				Mr. T. Dunne	Mr. R. James
				Mr. C. Connolly, T.C.	Mr. J.Cahill
					Mr. Ml. Stafford
					Mr. T. Looney
1941-42	As in previous year	As in previous year	As in previous year	As in previous year	As in previous year
1942-43	As in previous year	As in previous year	As in previous year	As in previous year with the substitution ofMr. T. Ryan forMr. T. Dunne.	As in previous year with the substitution ofMr. J.J. Coughlan forMr. R. James.
1943-44	As in previous year	As in previous year	As in previous year	As in previous year	As in year 1940-41
1944-45	As in previous year	As in previous year until 13th October, 1944, when Mr. P.J. Keady replaced Senator Rowlette, deceased.	Senator O'CallaghanSenator A.S. Clarkin Mr. J. McKinley	As in previous year	As in year 1940-41
1945-46	Mr. D.J. O'Donovan	Mr. P.J. Keady	Senator Wm. O'Callaghan	As in previous year	As in year 1940-41
		Mr. Sean Clarke	Senator A. S. Clarkin
		Mr. A.J. Lalor	Mr. P.C. Cahill
1946-47	As in previous year	As in previous year	As in previous year	As in previous year	Mr. Sean Horgan
					Mr. T. Looney
					Mr. M. Stafford
					Mr. J.Hannon
					Mr. D.J. Sweeney

(i) The Irish Tourist Board was established on 1st August, 1939, under Section 4 of the Tourist Traffic Act, 1939.

A non-repayable Grant-in-Aid of the board's administrative and other expenses is provided annually out of moneys provided by the Oireachtas. Repayable advances are made to the board from the Central Fund.

(ii) The members of the board are, in accordance with Section 4 of the Act, appointed by the Minister for Industry and Commerce, with the consent of the Minister for Finance.

(iii) The name, date of appointment and remuneration of each member of the board are as follows:

Name	Date of Appointment	Remuneration
John P. O'Brien (Chairman)	1st August, 1939	£1,500 per annum
Thomas Condon	,,	£200,,
Joseph Gannon	,,	£200,,
Lord Monteagle	,,	£200,,
Séamus O h-Eochadha	,,	£200,,
(An Fear Mór)

Owing to circumstances arising out of the emergency, the remuneration of the chairman was voluntarily reduced to £500 and the remuneration of each of the other members was reduced to £100 from the 1st April, 1941. From the 1st January, 1943, the remuneration of the board was increased to £1,200 in the case of the chairman and £200 in the case of each of the other members and as from the 1st April, 1944, the chairman's remuneration was increased to the original figure of £1,500.

The members of the board are entitled to carry on other gainful activities except that under Section 5 of the Act no member of the board, while holding office as such, may be nominated or elected as a member of the Dáil or Seanad.

(i) The Pigs and Bacon Commission was set up under the provisions of Section 4 of the Pigs and Bacon (Amendment) Act, 1939.

Under the Emergency Powers (No. 157) Order, 1942, the Minister for Finance has guaranteed the repayment by the Pigs and Bacon Commission of moneys within a maximum of £500,000 borrowed from time to time with his consent.

(ii) The commission consists of a chairman and two ordinary members. The chairman and the two ordinary members are appointed by the Minister for Agriculture.

(iii) The names, periods of appointment and remuneration of the chairman and ordinary members are as follows:—

	PERIOD OF OFFICE	Remuneration
From	to
Chairman:
Michael J. O'Brien, B.L.	1st January, 1940	Continuing	£1,000 per annum.
Ordinary Members:
Patrick A. Rogan, M.R.C.V.S., Senior Inspector, Department of Agriculture.	1st January, 1940	Continuing	£100,,
Patrick O'Connor, Principal Officer, Department of Agriculture.	1st January, 1940	13th November, 1942	£100,,
M.J. Griffin, Principal Officer, Department of Supplies.	13th November, 1942	31st March, 1943	£100,,
Thomas F. Coakley, Principal Officer, Department of Industry and Commerce.	18th July, 1945	Continuing	£100,,

The chairman is required to devote his whole time to the work of the commission. He is precluded by Section 7 of the Act from retaining, purchasing, taking, becoming or remaining beneficially interested in any shares or interest in any company or trading concern dealing in any way with pigs, pork, bacon or offals. The two ordinary members are civil servants. They likewise are precluded from having any shares or interest in any company or trading concern dealing in any way with pigs, pork, bacon or offals.