Transport Act, 1950

Laying of particulars of guarantees before Houses of the Oireachtas.

31.—The Minister for Finance shall, as soon as may be after the expiration of each financial year, ending on or after the 31st day of March, 1951, lay before each House of the Oireachtas a statement, in such form as he thinks proper, setting out—

(a) as respects each guarantee given by him under section 30, during such financial year—

(i) particulars of the guarantee,

(ii) in case any sum has been paid by him under the guarantee before the end of such financial year—

(I) the amount thereof,

(II) the amount (if any) repaid under subsection (6) of section 30 to the Central Fund on foot of such payment,

(iii) the amount which the said Minister would, if the guarantee were enforced immediately upon the expiration of such financial year, be liable to pay as principal thereunder,

(b) as respects each guarantee given by him under section 30 before, and in force at, the commencement of such financial year—

(i) particulars of the guarantee,

(ii) in case any sum has been paid by him under such guarantee before the end of such financial year—

(I) the amount thereof,

(II) the amount (if any) repaid under subsection (6) of section 30 to the Central Fund on foot of such payment,

(iii) the amount which the said Minister would, if such guarantee were enforced immediately upon the expiration of such financial year, be liable to repay as principal thereunder.