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Industrial Credit Act, 1933

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Number 25 of 1933.

INDUSTRIAL CREDIT ACT, 1933.

ARRANGEMENT OF SECTIONS

Section

1.

Definition.

2.

Formation and registration of the Industrial Credit Company, Limited.

3.

Loan to Company to pay expenses of formation.

4.

Issue of share capital of the Company.

5.

Underwriting by the Minister of issue of shares.

6.

Charge of moneys on the Central Fund.

7.

Payment of dividends etc. into the Exchequer.

8.

Powers of the Minister as shareholder.

9.

Powers of Minister in respect of shares held by him.

10.

Alteration of Memorandum and Articles of Association of the Company.

11.

Obligation to furnish balance sheets, etc., to the Minister.

12.

Short title.

SCHEDULE.

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Number 25 of 1933.

INDUSTRIAL CREDIT ACT, 1933.

AN ACT TO MAKE PROVISION FOR THE FORMATION AND REGISTRATION OF A COMPANY HAVING FOR ITS PRINCIPAL OBJECT THE PROVIDING OF INDUSTRIAL CREDIT, AND FOR THE ACQUISITION BY THE MINISTER FOR FINANCE OF SHARE CAPITAL OF SUCH COMPANY, AND FOR OTHER PURPOSES CONNECTED WITH THE MATTERS AFORESAID. [31st July, 1933.]

BE IT ENACTED BY THE OIREACHTAS OF SAORSTAT EIREANN AS FOLLOWS:—