British & Irish Steam Packet Company Limited (Acquisition) (Amendment) Act, 1986

Purchase of additional shares of British & Irish Steam Packet Company Limited by Minister for Finance.

1.Section 2 of the British & Irish Steam Packet Company Limited (Acquisition) (Amendment) Act, 1971 , is hereby amended by the substitution of “ninety-six million ordinary shares” for “fifty-eight million ordinary shares” (inserted by the British & Irish Steam Packet Company Limited (Acquisition) (Amendment) Act, 1982 ), and the said section 2, as so amended, is set out in the Table to this section.

TABLE

The Minister for Finance may purchase, in addition to the ordinary shares of the Company purchased by him under the agreement approved of by section 2 of the Principal Act, not more than ninety-six million ordinary shares of the Company of £1 each.