No. 22/1996:

BORROWING POWERS OF CERTAIN BODIES ACT, 1996

ARRANGEMENT OF SECTIONS

1 Interpretation.

2 Application.

3 Power to effect certain transactions on foot of borrowing powers.

4 Power to issue security.

5 Consent of the Minister.

6 Guarantees.

7 Calculation of borrowing limits and guarantees.

8 Certain leases.

9 Borrowing limit of ACC Bank plc.

10 Alteration of memorandum and articles of association of certain bodies.

11 Expenses.

12 Short title, construction, collective citation and commencement.

AN ACT TO MAKE FURTHER PROVISION IN RELATION TO THE BORROWING AND CAPITAL FINANCING OF CERTAIN BODIES WHOSE POWER TO BORROW MONEY IS SUBJECT TO THE INVOLVEMENT, EITHER DIRECTLY OR INDIRECTLY, OF THE MINISTER FOR FINANCE, TO AMEND SECTION 12 of THE AGRICULTURAL CREDIT ACT, 1978 , AND TO PROVIDE FOR CONNECTED MATTERS.

[10th July, 1996]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: