Irish Steel Limited Act, 1996
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Joint account. |
4.—(1) The Minister may, for the purposes of this section, cause an account to be kept at a credit institution, in the joint names of the Minister and the purchaser, into which he may pay a sum not exceeding £4,617,000. | |
(2) Moneys may be paid out of the said account for such purposes and in accordance with such terms and conditions as may be agreed upon by the Minister and the purchaser. | ||
(3) The said account may be closed on such date as may be agreed upon by the Minister and the purchaser. | ||
(4) In this section “credit institution” has the same meaning as it has in the Consumer Credit Act, 1995 . |