Agricultural Co-Operative Societies (Debentures) Act, 1934

Authorised lenders.

2.—(1) The following persons shall be authorised lenders for the purposes of this Act, that is to say:—

(a) any Minister, head of a Department of State;

(b) the Commissioners of Public Works in Ireland;

(c) the Agricultural Credit Corporation, Limited;

(d) the Industrial Credit Company, Limited;

(e) the Dairy Disposal Company, Limited;

(f) any corporate body lawfully carrying on banking business;

(g) any other corporate body or person approved of by the Minister either generally or in respect of a particular transaction.

(2) In this Act the expression “authorised lender” means a person who is by virtue of this section an authorised lender for the purposes of this Act.