Fóir Teoranta (Amendment) Act, 1982

Increase of Company's power to borrow.

2.—The aggregate at any one time of the borrowings of the Company (including borrowings from the Minister and borrowings 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 £70,000,000, and, accordingly, section 12 of the Principal Act (as amended by the Act of 1976) shall be construed as if that sum were substituted for the sum mentioned therein.