Bank of Ireland Act, 1929

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Number 4 (Private) of 1929.


BANK OF IRELAND ACT, 1929.


ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

Provisions as to voting, general courts, Directors, etc.

3.

Increase of Capital Stock.

4.

Removal of restrictions on borrowing.

5.

Subsidiary and ancillary powers of the Bank.

6.

Repeals.

7.

Short title.

FIRST SCHEDULE.

SECOND SCHEDULE.

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Number 4 (Private) of 1929.


BANK OF IRELAND ACT, 1929.


AN ACT TO AMEND THE CHARTER UNDER WHICH THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND IS INCORPORATED AND THE STATUTORY ENACTMENTS REGULATING THAT CORPORATION AND ITS BANK, TO CONFER FURTHER AND OTHER POWERS ON THE SAID GOVERNOR AND COMPANY OF THE BANK OF IRELAND, AND FOR OTHER PURPOSES CONNECTED WITH THE SAID CORPORATION AND BANK. [18th November, 1929.]

Preamble.

WHEREAS under an Act of the Parliament of Ireland passed in the 21st and 22nd years of the reign of His late Majesty King George the Third and entitled “An Act for establishing a bank by the name of the Governor and Company of the Bank of Ireland” and by a Charter or Letters Patent under the Great Seal of Ireland bearing date the 10th day of May 1783 and granted by His said late Majesty in pursuance of the said Act, a Bank was established and a company was incorporated by the name of the Governor and Company of the Bank of Ireland,

AND WHEREAS from time to time the said Act and the said Charter have been amended and further and other provision made in respect of the said Bank by Acts passed by the Parliament of Ireland and by the Parliament of the late United Kingdom of Great Britain and Ireland respectively,

AND WHEREAS it is necessary to make further and other provision in respect of the said Bank and for that purpose further to amend the said Charter and some or all of the said Acts,

AND WHEREAS those purposes cannot be effected without the authority of the Oireachtas,

BE IT THEREFORE ENACTED BY THE OIREACHTAS OF SAORSTÁT EIREANN AS FOLLOWS:—