Air Navigation and Transport (No. 2) Act, 1959

Restriction on State guarantee of debentures of the Company.

3.—The power to give guarantees with respect to debentures issued by the Company which is conferred on the Minister for Finance by section 75 of the Principal Act shall not be so exercised that the total amount of principal moneys the due payment of which stands at any time guaranteed pursuant to that section exceeds £5,000,000 (five million pounds).