Forestry Act, 1988

Name and capital formation of company.

10.—(1) The name of the company shall be Coillte Teoranta or, in the English language, The Irish Forestry Board Limited.

(2) (a) The authorised share capital of the company shall be £1 billion or such other amount as may be approved from time to time by the Minister for Finance, after consultation with the Minister, divided into shares of one pound each.

(b) The company may, with the consent of the Minister and the Minister for Finance, divide the shares in its share capital into several classes and attach thereto respectively any preferential, deferred, qualified or special rights, privileges or conditions.