National Loan (Conversion) Act, 1935


7.—(1) The Minister may make regulations for all or any of the following purposes, that is to say:—

(a) prescribing the manner in which and the persons to whom applications under this Act for the conversion or for the redemption of stock of the loan are to be made and prescribing the evidence which may be accepted by those persons as to matters on which the validity of such applications may depend;

(b) specifying the persons by whom any such application may be made where a stockholder has died, or is outside Saorstát Eireann, or is of unsound mind, or is an infant, or is otherwise under disability, or where a notice in lieu of distringas is in force with respect to the holding;

(c) enabling any such application to be made by a majority of the stockholders where stock of the loan is held jointly by more than two persons, whether beneficially or in a fiduciary capacity;

(d) prescribing the manner in which certificates and other documents relating to stock of the loan are to be dealt with and determining how far such certificates and other documents are to be valid after the 1st day of December, 1935;

(e) enabling the books and the transfer by deed register of the loan kept by the Bank of Ireland to be closed for a period immediately preceding the 1st day of December, 1935.

(2) Every regulation made by the Minister under this section shall be published in the Iris Oifigiúil as soon as conveniently may be after it is made.