S.I. No. 19/1985 - State Financial Transactions (Special Provisions) Act, 1984 (Section 2(3)) (No. 2) Order, 1985.

S.I. No. 19 of 1985.

STATE FINANCIAL TRANSACTIONS (SPECIAL PROVISIONS) ACT, 1984 (SECTION 2(3)) (No. 2) ORDER, 1985.

I, ALAN M. DUKES, Minister for Finance, being satisfied that the payment of the interest or dividends due on the 1st day of February, 1985, on the securities specified in Article 2 of the Order following cannot be effected, hereby, in exercise of the powers conferred on me by section 2 (3) of the State Financial Transactions (Special Provisions) Act, 1984 (No. 23 of 1984), order as follows:

1. This Order may be cited as the State Financial Transactions (Special Provisions) Act, 1984 (Section 2 (3) ) (No. 2) Order, 1985.

2. The payment of the interest or dividends due on the 1st day of February, 1985, on the outstanding stock of:

( a ) Finance (Variable Rate) Stock, 1986,

( b ) 8 ½% Conversion Stock, 1986-1988,

( c ) 9 ¾% National Loan, 1984-1989,

( d ) 9% Finance Loan, 1989,

( e ) 14% Exchequer Loan, 1990-1992, and

( f ) 14 ¾% Development Stock, 2002-2004,

is hereby postponed.

GIVEN under my Official Seal this 29th day of January, 1985.

ALAN M. DUKES,

Minister for Finance.

EXPLANATORY NOTE.

This Order postpones the payment of interest or dividends due on 1 February, 1985, in respect of the securities specified therein.