Acc Bank Act, 2001

Interpretation.

1.—(1) In this Act—

“ACC” means ACC Bank public limited company;

“holding company” and “subsidiary” means holding company and subsidiary (within the meaning of section 155 of the Companies Act, 1963 ) of ACC;

“Minister” means Minister for Finance;

“shares” means shares in ACC;

“trust” means an employee share ownership trust to which section 519 of the Taxes Consolidation Act, 1997 , applies and which is a trust to acquire and hold shares, or shares in a holding company, for the benefit of employees of ACC or a subsidiary.

(2) In this Act—

(a) a reference to a section or Schedule is a reference to a section of, or Schedule to, this Act, unless it is indicated that reference to some other enactment is intended,

(b) a reference to a subsection or paragraph is a reference to a subsection or paragraph of the provision in which the reference occurs, unless it is indicated that reference to some other provision is intended, and

(c) a reference to any enactment is a reference to that enactment as amended, adapted or extended by or under any subsequent enactment.