Transport Act, 1944

PART II

Córas Iompair Éireann.

Chapter I.

Preliminary and General.

Definitions for purposes of Part II.

7.—In this Part—

the expression “common stock” means common stock of the Company;

the expression “common stockholder” means a person who is the holder of common stock;

the expression “debenture stock” means redeemable debenture stock of the Company;

the expression “substituted common stock” means common stock deemed by virtue of section 14 of this Act to have been duly created and issued;

the expression “substituted debenture stock” means debenture stock deemed by virtue of section 14 of this Act to have been duly created and issued;

the expression “substituted stock” means stock which is—

(a) substituted debenture stock, or

(b) substituted common stock.