ACC Bank Act, 1994
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Number 26 of 1994 | ||||||||
ACC BANK ACT, 1994 | ||||||||
ARRANGEMENT OF SECTIONS | ||||||||
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Number 26 of 1994 | ||||||||
ACC BANK ACT, 1994 | ||||||||
AN ACT TO AMEND SECTION 12 OF THE AGRICULTURAL CREDIT ACT, 1978 . [1st November, 1994] | ||||||||
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: | ||||||||
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Amendment of section 12 of Agricultural Credit Act, 1978. |
1.— Section 12 of the Agricultural Credit Act, 1978 , is hereby amended by the substitution for subsection (1) (inserted by section 8 of the ACC Bank Act, 1992 ) of the following subsection: | |||||||
“(1) The Corporation may (subject to such conditions or limitations on amounts as the Minister, after consultation with the Central Bank, may determine) raise or borrow money (including money in a currency other than the currency of the State) in any manner it thinks fit: | ||||||||
Provided that the amount of money raised or borrowed and outstanding at any one time shall not exceed £1,400,000,000.”. | ||||||||
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Short title, construction and collective citation. |
2.—(1) This Act may be cited as the ACC Bank Act, 1994. | |||||||
(2) The ACC Bank Acts, 1978 to 1992, and this Act shall be construed together as one Act and may be cited together as the ACC Bank Acts, 1978 to 1994. | ||||||||
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