Grass Meal (Production) Act, 1953

Name and capital of the Company.

6.—(1) The name of the Company shall be Min Fhéir Teoranta.

(2) The share capital of the Company shall be one hundred thousand pounds divided into shares of one pound each and the Company shall, with the consent of the Minister for Finance, have power to divide the shares in the capital of the Company into several classes and to attach thereto respectively any preferential, deferred, qualified or special rights, privileges or conditions.

(3) Notwithstanding anything contained in the Companies Acts, it shall not be lawful for the Company, without the consent of the Minister for Finance, to increase or reduce the share capital of the Company.