Galway Harbour Act, 1935

Regulations as to stock.

49.—(1) Any stock or debenture stock authorised under the last foregoing section shall be created, issued, transferred, dealt with and redeemed in such manner and in accordance with such regulations as the Minister may from time to time prescribe.

(2) Without prejudice to the generality of the Minister's powers under the last foregoing sub-section such regulations may provide for the discharge of any loan raised by such stock or debenture stock, and, in case of consolidation of debt, for extending or varying the time within which loans are to be discharged, and may provide for the consent of limited owners, and for the application of enactments relating to stamp duties and cheques, and for the disposal of unclaimed dividends or interest, and may apply for the purposes of this section with or without modification any enactments relating to stock or debenture stock issued by a harbour authority or municipal borough in Saorstát Eireann.