Trade Loans (Guarantee) Act, 1939

Statements and accounts to be laid before the Oireachtas.

11.—(1) As soon as may be after the expiration of three months after the passing of this Act and after the expiration of every subsequent three months during the period during which loans may be granted or guaranteed under this Act, the Minister shall lay before each House of the Oireachtas a statement of the loans so granted or guaranteed during those three months, together with particulars of the purposes to which such loans were to be applied, and the terms and conditions on which they were so granted or guaranteed, and together also with a statement of the aggregate amount of the loans granted and the guarantees given under this Act up to the end of the said three months.

(2) So long as any guarantee given under this Act continues in force or any loan or part of a loan granted under this Act remains outstanding, the Minister shall, within one month after the expiration of every financial year, lay before each House of the Oireachtas an account, in such form as may be approved of by the Minister for Finance, showing the total of all sums advanced out of the Central Fund under this Act up to the end of such financial year and the total of all sums repaid to or paid into or disposed of for the benefit of the Exchequer under this Act up to the end of such financial year.