B & I Line Act, 1990

Purchase of additional shares of B & I Line 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 “one hundred and six million ordinary shares” for “one hundred million ordinary shares” (inserted by the B & I Line Act, 1988 ), 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 one hundred and six million ordinary shares of the Company of £1 each.