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New Legislation |
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In 2001 the Department of Regional Development carried out a review of Northern Ireland’s trust ports. The outcome of the review was that the ports would remain as trust ports but with wider commercial and borrowing powers and increased public accountability. |
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| As a result of this the Belfast Harbour Order (Northern Ireland) 2002 was made which: | ||||
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• | Sets the number of Commissioners at between 10 and 15; | ||
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• | Gives legislative strength to the existing voluntary Memorandum of Understanding which requires the Port Authority to consult with the Department in relation to the use and disposal of land; | ||
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• | Increases borrowing powers; | ||
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• | Enables the Port to establish subsidiary companies. | ||
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| A Harbours (Northern Ireland) Order 2002 was introduced in February 2003. It gives DRD power to: | ||||
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• | Exercise a Power of Direction to the Commissioners with regard to the protection of the public interest. | ||
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• | Enforce a code of practice for Trust Ports. | ||
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• | Obtain such information from Trust Ports as DRD may require. | ||
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| Further legislation extending the commercial powers of Trust Ports in Northern Ireland is expected to be brought into force in 2005. | ||||
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