13 1950

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Number 13 of 1950.


LOCAL LOANS FUND (AMENDMENT) ACT, 1950.


ARRANGEMENT OF SECTIONS

Section

1.

Increase of limit on issues from the local loans fund.

2.

Short title and collective citation.


Acts Referred to

Local Loans Fund (Amendment) Act, 1949

No. 3 of 1949

Local Loans Fund Act, 1935

No. 16 of 1935

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Number 13 of 1950.


LOCAL LOANS FUND (AMENDMENT) ACT, 1950.


AN ACT TO AMEND THE LOCAL LOANS FUND ACTS, 1935 TO 1949. [30th May, 1950.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

Increase of limit on issues from the local loans fund.

1. —The Local Loans Fund (Amendment) Act, 1949 (No. 3 of 1949), is hereby repealed and in lieu of section 1 thereof it is hereby enacted that the aggregate amount of the moneys issued from the local loans fund in respect of local loans during the period mentioned in subsection (3) of section 4 of the Local Loans Fund Act, 1935 (No. 16 of 1935), shall not exceed the sum of thirty-five million pounds.

Short title and collective citation.

2. —(1) This Act may be cited as the Local Loans Fund (Amendment) Act, 1950.

(2) The Local Loans Fund Acts, 1935 to 1940, and this Act may be cited together as the Local Loans Fund Acts, 1935 to 1950.