Shannon Free Airport Development Company Limited Act, 1959

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Number 36 of 1959.


SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED ACT, 1959.


ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

Power to Minister for Finance to take up shares of the Company.

3.

Advances of moneys out of the Central Fund.

4.

Holding and sale by the Minister for Finance of shares.

5.

Exercise by the Minister for Finance of right or power exercisable by holder of Shares.

6.

Disposition of dividends, etc., on shares held by the Minister for Finance.

7.

Exemption from stamp duty.

8.

Grants to the Company.

9.

Restriction on amount of certain grants made by the Company.

10.

Provisions having effect in certain circumstances.

11.

Restriction on making of grants by An Foras Tionscal.

12.

Expenses.

13.

Short title.

SCHEDULE.


Acts Referred to

Customs-Free Airport (Variation of Limits) Order, 1958

S.I. 1958, No. 258

Customs-Free Airport Act, 1947

1947, No. 5

the Stamp Act, 1891

1891, c. 39

State Guarantees Act, 1954

1954, No. 9

Shannon Free Airport Development Company Limited Act, 1959

S.I. 1959, No. 49

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Number 36 of 1959.


SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED ACT, 1959.


AN ACT TO AUTHORISE THE MINISTER FOR FINANCE TO TAKE UP SHARES OF THE SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED, TO PROVIDE FOR THE MAKING OF GRANTS TO THAT COMPANY AND TO PROVIDE FOR OTHER MATTERS CONNECTED WITH THE MATTERS AFORESAID. [8th December, 1959.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—