National Stud (Amendment) Act, 2000

Power of Company to borrow.

6.—The Principal Act is amended by the substitution for section 24 (inserted by section 3 of the Act of 1993) of the following section:

“24.—The Company (including any company established under section 7 of the National Stud (Amendment) Act, 2000), with the approval of the Minister for Agriculture, Food and Rural Development, given with the consent of the Minister for Finance, may from time to time borrow moneys, but the total amount borrowed shall not exceed £30,000,000.”.