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Amendment of section 10 of Principal Act.
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2.—Section 10 of the Principal Act (as amended by the Act of 1982) is hereby amended by—
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(a) the insertion of the following subsection after subsection (1):
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“(1A) The Agency may, with the consent of the Minister and the Minister for Finance, raise money (including money in a currency other than the currency of the State) by the making of promissory notes or the drawing or accepting of bills of exchange.”,
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(b) the substitution in subsection (3) of “£500,000,000” for “£200,000,000”, and
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(c) the substitution of the following subsection for subsection (4):
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“(4) For the purposes of this section, moneys borrowed or raised in a currency other than the currency of the State shall be deemed to be the equivalent in the currency of the State of the actual moneys borrowed or raised, such equivalent being calculated according to the rate of exchange for that currency and the currency of the State at the time such moneys were borrowed or raised, as the case may be.”.
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