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National Stud Act, 1976
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Power of Company to borrow.

3.—The following section is hereby substituted for section 24 of the Principal Act:

“24. The Company, with the approval of the Minister for Agriculture and Fisheries given with the consent of the Minister for Finance, may from time to time borrow moneys, but the total amount borrowed under this section and outstanding shall not at any time exceed £500,000.”