Foir Teoranta (Amendment) Act, 1976

Increase of Company's power to borrow.

2.—The aggregate at any one time of the borrowings (including borrowings from the Minister and borrowing for any of the purposes of the Company which are consequent upon section 19 of the Principal Act, but excluding borrowings by Taiscí Stáit Teoranta) shall not exceed £35,000,000, and, accordingly, section 12 (b) of the Principal Act (as amended by the Act of 1973) shall be construed as if that sum were substituted for the sum mentioned therein.