15 1944

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Number 15 of 1944.


TRADE LOANS (GUARANTEE) (AMENDMENT) ACT, 1944.


ARRANGEMENT OF SECTIONS

Section

1.

Principal Act.

2.

Amendment of section 8 of the Principal Act.

3.

Short title and citation.


Act Referred to

Trade Loans (Guarantee) Act, 1939

No. 5 of 1939

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Number 15 of 1944.


TRADE LOANS (GUARANTEE) (AMENDMENT) ACT, 1944.


AN ACT TO AMEND SECTION 8 OF THE TRADE LOANS (GUARANTEE) ACT, 1939 . [10th July, 1944.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

Principal Act.

1. —In this Act, the expression “the Principal Act” means the Trade Loans (Guarantee) Act, 1939 (No. 5 of 1939).

Amendment of section 8 of the Principal Act.

2. —The Principal Act shall have effect as if the following section were substituted for section 8 :—

“8.—(1) A loan shall not be granted or guaranteed under this Act after the expiration of ten years from the passing of this Act.

(2) The Minister may, if he thinks fit so to do, publish in the Iris Oifigiúil a notice stating that after a date (less than ten years after the passing of this Act) specified in such notice he will not entertain any application for either the guarantee or the grant of a loan under this Act.

(3) When a notice has been published by the Minister under the next preceding sub-section of this section, the Minister shall not entertain any application made after the date specified in such notice for either the guarantee or the grant of a loan under this Act.”

Short title and citation.

3. —(1) This Act may be cited as the Trade Loans (Guarantee) (Amendment) Act, 1944.

(2) The Principal Act and this Act may be cited together as the Trade Loans (Guarantee) Acts, 1939 and 1944.