Finance Act, 1988

Guarantee of deposits with Agricultural Credit Corporation plc and Industrial Credit Corporation plc.

75.—The power of the Minister to guarantee—

(a) under section 14 of the Agricultural Credit Act, 1978 , the repayment of any money raised or borrowed by the Agricultural Credit Corporation plc, and

(b) under section 3 of the Industrial Credit (Amendment) Act, 1958 , the repayment of any money raised or borrowed by the Industrial Credit Corporation plc,

shall include, and be deemed always to have included, the power to guarantee the repayment of moneys (including money in a currency other than the currency of the State) deposited with the Agricultural Credit Corporation plc., and the Industrial Credit Corporation plc.