Irish Steel Holdings Limited (Amendment) Act, 1963
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Number 11 of 1963. | ||||||||||||||
IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1963. | ||||||||||||||
ARRANGEMENT OF SECTIONS | ||||||||||||||
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Number 11 of 1963. | ||||||||||||||
IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1963. | ||||||||||||||
AN ACT TO AMEND AND EXTEND THE IRISH STEEL HOLDINGS LIMITED ACT, 1960 . [9th April, 1963.] | ||||||||||||||
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:— | ||||||||||||||
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Interpretation and construction. |
1.—(1) In this Act “the Principal Act” means the Irish Steel Holdings Limited Act, 1960 . | |||||||||||||
(2) This Act shall be construed as one with the Principal Act. | ||||||||||||||
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Amendment of section 2 of the Principal Act. |
2.—Section 2 of the Principal Act (which provides that the share capital of the Company shall be £4,000,000) is hereby amended by the substitution of “£6,000,000” for “four million pounds”. | |||||||||||||
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Amendment of section 3 of the Principal Act. |
3.—Section 3 of the Principal Act (which imposes a limit of £4,000,000 on the acquisition of shares of the Company by the Minister for Finance) is hereby amended by the substitution of “£6,000,000” for “£4,000,000” in subsection (1). | |||||||||||||
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Amendment of section 9 of the Principal Act. |
4.—Section 9 of the Principal Act (which imposes a limit of £500,000 on the guarantee by the Minister of the repayment of moneys borrowed by the Company) is hereby amended by the substitution of “£1,000,000” for “£500,000” in subsection (3). | |||||||||||||
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Short title and collective citation. |
5.—(1) This Act may be cited as the Irish Steel Holdings Limited (Amendment) Act, 1963. | |||||||||||||
(2) The Principal Act and this Act may be cited together as the Irish Steel Holdings Limited Acts, 1960 and 1963. | ||||||||||||||
