B & I Line Act, 1988
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Number 4 of 1988 | ||||||||||
B & I LINE ACT, 1988 | ||||||||||
ARRANGEMENT OF SECTIONS | ||||||||||
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Number 4 of 1988 | ||||||||||
B & I LINE ACT, 1988 | ||||||||||
AN ACT TO ENABLE THE MINISTER FOR FINANCE TO PURCHASE ADDITIONAL SHARES OF B & I LINE PUBLIC LIMITED COMPANY AND TO PROVIDE FOR CONNECTED MATTERS. [16th March, 1988]. | ||||||||||
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: | ||||||||||
“the Company”. |
1.—In the British & Irish Steam Packet Company Limited (Acquisition) Acts, 1965 to 1986, “the Company” means the company formerly known as the British & Irish Steam Packet Company Limited and re-registered under the Companies (Amendment) Act, 1983 , under the name of B & I Line public limited company by a certificate of incorporation dated the 3rd day of July, 1986. | |||||||||
Purchase of additional shares of B & I Line by Minister for Finance. |
2.— Section 2 of the British & Irish Steam Packet Company Limited (Acquisition) (Amendment) Act, 1971 , is hereby amended by the substitution of “one hundred million ordinary shares” for “ninety-six million ordinary shares” (inserted by the British & Irish Steam Packet Company Limited (Acquisition) (Amendment) Act, 1986 ), and the said section 2, as so amended, is set out in the Table to this section. | |||||||||
TABLE | ||||||||||
The Minister for Finance may purchase, in addition to the ordinary shares of the Company purchased by him under the agreement approved of by section 2 of the Principal Act, not more than one hundred million ordinary shares of the Company of £1 each. | ||||||||||
Short title and collective citation. |
3.—(1) This Act may be cited as the B & I Line Act, 1988. | |||||||||
(2) The British & Irish Steam Packet Company Limited (Acquisition) Acts, 1965 to 1986, and this Act may be cited together as the B & I Line Acts, 1965 to 1988. |