Eirgrid, Electricity and Turf (Amendment) Act 2022

Amendment of section 6 of Electricity Regulation (Amendment) (EirGrid) Act 2008

11. Section 6 of the Electricity Regulation (Amendment) (EirGrid) Act 2008 is amended by the substitution of the following subsection for subsection (2):

“(2) Subject to subsection (3), the aggregate at any time of borrowings (including any previous borrowing by virtue of Regulation 60 of the Principal Regulations) by EirGrid under subsection (1) shall not exceed €3,000,000,000.”.