Turf Development Act, 1998

Name and capital formation of Company.

8.—(1) The name of the company formed under section 7 shall be Bord na Móna, public limited company, and the company so formed is referred to in this Act as “the Company”.

(2) The authorised share capital of the Company shall be £300,000,000 or such other amount as may be determined by the Minister for Finance after consultation with the Minister.

(3) The Company may, with the consent of the Minister for Finance given after consultation with the Minister, divide the shares into different classes and attach to those classes any rights, privileges or conditions.