National Stud (Amendment) Act, 2000

Amendment of section 12 of Principal Act (objects of Company).

5.—Section 12(2) of the Principal Act is amended by the substitution for paragraph (b) of the following paragraphs:

“(b) to carry on the business of stud farming on any—

(i) land which is the subject of any such lease or licence,

(ii) land held by or vested in the Company, or

(iii) other land (whether within or outside the State);

(c) to do anything the Company considers connected or incidental to the principal objects of the Company (including tourism related activities).”.