Tourist Traffic (Development) Act, 1931
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Approved companies. |
2.—(1) The Minister may grant in respect of any company— | |
(a) which is registered in Saorstát Eireann under the Companies (Consolidation) Act, 1908 ; and | ||
(b) the objects of which are wholly or mainly the encouragement and development of tourist traffic in Saorstát Eireann, including the advertisement of the advantages and amenities of places in Saorstát Eireann or any part thereof as health or pleasure resorts; and | ||
(c) which undertakes to submit its accounts annually for audit to an auditor appointed by the Minister for Local Government and Public Health; and | ||
(d) which undertakes to keep such accounts as the Minister may require and to furnish those accounts to the Minister; | ||
a certificate (in this section referred to as a certificate of approval) that such company is an approved company for the purposes of this Act. | ||
(2) Every company in respect of which a certificate of approval has been granted shall, so long as such certificate remains in force, be an approved company for the purposes of this Act, and upon such certificate ceasing to be in force shall cease to be an approved company for the purposes of this Act. | ||
(3) The Minister may, at any time, by notice in writing served on a company in respect of which a certificate of approval has been granted, revoke, without assigning any reason, such certificate, and as on and from the date of the service of such notice such certificate shall cease to be in force. | ||
(4) Where a resolution is passed authorising the winding-up of a company in respect of which a certificate of approval has been granted or an order is made by a court of competent jurisdiction for the winding-up of such a company, the certificate of approval granted in respect of such company shall as on and from the date of such resolution or order cease to be in force. |