Agriculture (Research, Training and Advice) Act, 1988

Borrowing by Teagasc and subsidiaries.

16.—Teagasc or a subsidiary may, for the purpose of providing for current or capital expenditure, from time to time borrow money (whether on the security of the assets of Teagasc or the subsidiary, as the case may be, or otherwise), including money in a currency other than the currency of the State, but shall not do so without the consent of the Minister and the Minister for Finance.