Slievardagh Coalfield Development Act, 1941

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Number 8 of 1941.


SLIEVARDAGH COALFIELD DEVELOPMENT ACT, 1941.


ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

Formation and registration of the Company.

3.

Name and capital of the Company.

4.

The Memorandum of Association of the Company.

5.

The Articles of Association of the Company.

6.

Alteration of Memorandum and Articles of Association of the Company.

7.

Loan to Company to pay expenses of formation.

8.

State mining lease of the Slievardagh Coalfield by the Minister to the Company.

9.

Advances by the Minister to the Company.

10.

Payment of interest on advances to the Company.

11.

Repayment of advances to the Company.

12.

Power of the Minister to require the Company to prospect.

13.

Powers of the Minister for Finance as shareholder.

14.

Obligation to hold shares in trust for the Minister for Finance.

15.

Payment of dividends, etc., into the Exchequer.

16.

Obligation to furnish balance sheets, etc., to the Minister.

17.

Expenses.

18.

Short title.


Act Referred to

Minerals Development Act, 1940

No. 31 of 1940

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Number 8 of 1941.


SLIEVARDAGH COALFIELD DEVELOPMENT ACT, 1941.


AN ACT TO MAKE PROVISION FOR THE PROMOTION BY THE MINISTER FOR INDUSTRY AND COMMERCE OF A LIMITED COMPANY FOR THE DEVELOPMENT OF THE SLIEVARDAGH COALFIELD AND FOR PROSPECTING FOR AND DEVELOPING OTHER COALFIELDS AND TO MAKE DIVERS PROVISIONS IN RESPECT OF SUCH COMPANY AND FOR MATTERS CONNECTED THEREWITH. [10th April, 1941.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—