Housing Finance Agency Act, 1981

Name and capital of Agency.

3.—(1) Notwithstanding the provisions of section 6 of the Companies Act, 1963 , the name of the Agency shall be the Housing Finance Agency.

(2) The share capital of the Agency shall be £100 divided into fully paid shares of £1 each and, notwithstanding anything contained in the Companies Acts, it shall not be lawful for the Agency to increase or reduce that capital without the consent of the Minister for Finance, given after consultation with the Minister.