14 1972

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Number 14 of 1972


LOCAL LOANS FUND (AMENDMENT) ACT, 1972


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, 1968

1968, No. 27

Local Loans Fund Act, 1935

1935, No. 16

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Number 14 of 1972


LOCAL LOANS FUND (AMENDMENT) ACT, 1972


AN ACT TO AMEND THE LOCAL LOANS FUND ACTS, 1935 TO 1968. [12th July, 1972]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

Increase of limit on issues from the local loans fund.

1. Section 1 of the Local Loans Fund (Amendment) Act, 1968 , is hereby repealed and in lieu thereof it is hereby enacted that the aggregate amount of the moneys issued from the local loans fund in respect of local loans during the period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 section 4 (3) of the Local Loans Fund Act, 1935 , shall not exceed the sum of six hundred million pounds.

Short title and collective citation.

2. —(1) This Act may be cited as the Local Loans Fund (Amendment) Act, 1972.

(2) The Local Loans Fund Acts, 1935 to 1968, and this Act may be cited together as the Local Loans Fund Acts, 1935 to 1972.