Industrial Credit (Amendment) Act, 1959

Advances to the Company by Minister.

4.—(1) The Minister may make advances to the Company for the carrying out of the Company's objects.

(2) Advances under this section shall be made on such terms as to repayment, interest and other matters as may be determined by the Minister.

(3) Subsection (1) of section 4 of the Industrial Credit (Amendment) Act, 1958 , is hereby amended by the insertion of “or the Industrial Credit (Amendment) Act, 1959” after “the Principal Act or this Act”.