National Building Agency Limited (Amendment) Act, 1974
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Number 2 of 1974 | ||||||||
NATIONAL BUILDING AGENCY LIMITED (AMENDMENT) ACT, 1974 | ||||||||
ARRANGEMENT OF SECTIONS | ||||||||
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Number 2 of 1974 | ||||||||
NATIONAL BUILDING AGENCY LIMITED (AMENDMENT) ACT, 1974 | ||||||||
AN ACT TO INCREASE THE LIMIT ON ADVANCES AND GUARANTEES UNDER THE NATIONAL BUILDING AGENCY LIMITED ACTS, 1963 AND 1969. [27th February, 1974] | ||||||||
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: | ||||||||
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Amendment of section 9 of National Building Agency Limited Act, 1963. |
1.— Section 9 of the National Building Agency Limited Act, 1963 , is hereby amended by the substitution for “five million pounds” (inserted by the National Building Agency Limited (Amendment) Act, 1969 ) of “fifteen million pounds” and the said section 9, as so amended, is set out in the Table to this section. | |||||||
Table | ||||||||
9.—The aggregate at any one time of— | ||||||||
(a) advances under section 6 of this Act which have not been repaid, | ||||||||
(b) principal which the Minister is liable to repay on foot of any guarantee or guarantees under section 7 of this Act, and | ||||||||
(c) principal which the Minister has previously paid on any such guarantee or guarantees and which has not been repaid by the Company, | ||||||||
shall not exceed fifteen million pounds. | ||||||||
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Short title and collective citation. |
2.—(1) This Act may be cited as the National Building Agency Limited (Amendment) Act, 1974. | |||||||
(2) The National Building Agency Limited Acts, 1963 and 1969, and this Act may be cited together as the National Building Agency Limited Acts, 1963 to 1974. | ||||||||
