Nitrigin Eireann Teoranta Act, 1970

Amendment of section 7 of Principal Act.

7.—(1) Section 7 of the Principal Act is hereby amended by the insertion in subsection (1) after “and the payment of the interest” of “or the due payment by the Company of instalments of moneys outstanding under a contract entered into by the Company or the interest on any such moneys outstanding or both the payment of such instalments and such interest.”

(2) In section 7 (4) (c) of the Principal Act and section 6 of this Act “principal” shall be construed as including moneys outstanding under a contract entered into by the Company, and in sections 9 (b) and 9 (c) of the Principal Act “moneys borrowed” shall be construed as including moneys outstanding under a contract entered into by the Company.