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Number 39 of 1934.
AGRICULTURAL CO-OPERATIVE SOCIETIES (DEBENTURES) ACT, 1934.
ARRANGEMENT OF SECTIONS
Section | |
Certification of society as an agricultural co-operative society. | |
The register of charges by Agricultural Co-operative Societies. | |
Exclusion of the Bills of Sale (Ireland) Acts, 1879 and 1883. | |
Number 39 of 1934.
AGRICULTURAL CO-OPERATIVE SOCIETIES (DEBENTURES) ACT, 1934.
Definitions.
1.—In this Act—
the expression “the Minister” means the Minister for Agriculture;
the word “prescribed” means prescribed by regulations made by the Minister under this Act;
the expression “the register” means the Register of Charges by Agricultural Co-operative Societies kept in pursuance of this Act.
Authorised lenders.
2.—(1) The following persons shall be authorised lenders for the purposes of this Act, that is to say:—
(a) any Minister, head of a Department of State;
(b) the Commissioners of Public Works in Ireland;
(c) the Agricultural Credit Corporation, Limited;
(d) the Industrial Credit Company, Limited;
(e) the Dairy Disposal Company, Limited;
(f) any corporate body lawfully carrying on banking business;
(g) any other corporate body or person approved of by the Minister either generally or in respect of a particular transaction.
(2) In this Act the expression “authorised lender” means a person who is by virtue of this section an authorised lender for the purposes of this Act.
Certification of society as an agricultural co-operative society.
3.—(1) Any society registered under the Industrial and Provident Societies Act, 1893, may at any time apply to the Minister in the prescribed form and manner for such certificate as is hereinafter mentioned in respect of such society.
(2) Whenever the Minister receives an application under the foregoing sub-section of this section and is satisfied—
(a) that the society in respect of which such application is made is a co-operative society, and
(b) that the objects of such society are wholly or substantially agricultural, and
(c) that it is expedient, having regard to all the circumstances of the case, that such society should have the powers and privileges conferred by this Act on an agricultural co-operative society,
he may issue to such society a certificate in the prescribed form certifying that such society is an agricultural co-operative society for the purposes of this Act.
(3) The Minister may at any time at his absolute discretion revoke, in the prescribed form and manner, any certificate issued by him under this section, and thereupon the society to which such certificate related shall cease to be an agricultural co-operative society for the purposes of this Act, but such revocation and cesser shall not prejudice or affect the validity of anything previously done by such society.
(4) In this Act (except this section) the expression “agricultural co-operative society” means a society registered under the Industrial and Provident Societies Act, 1893, in respect of which a certificate has been issued under this section and is for the time being unrevoked.
Issue of debentures by agricultural co-operative societies.
4.—(1) An agricultural co-operative society which is authorised by its rules to borrow money may at any time, subject to the provisions of this section and with such consent of the Minister as is mentioned in this Act and whether the issue of debentures is or is not authorised, or is or is not forbidden by the rules of such society, issue debentures to any authorised lender for the purpose of securing to such lender the repayment, with or without interest, of any capital sum of money lent by such lender to such society before the issue of such debentures (whether before or after the passing of this Act) or intended to be so lent at or after such issue, or partly so lent and partly so intended to be lent.
(2) An issue of debentures shall not be made by an agricultural co-operative society under this section unless either the committee of such society has power under the rules of such society to borrow money and the amount to be borrowed on the security of such debentures is within such borrowing power or a resolution approving of the making of such issue has been passed by a special meeting of the shareholders of such society convened expressly for the purpose of considering and, if thought fit, passing such resolution.
(3) The following provisions shall apply to debentures issued by an agricultural co-operative society under this section, that is to say:—
(a) such debentures may be expressed to charge the money secured thereby in either or both of the following ways, that is to say, by way of fixed charge on any specified property (including uncalled capital) of such society or by way of floating charge on the assets, property, and undertaking (either with or without specified exceptions) for the time being and from time to time belonging to such society;
(b) such debentures may contain all or any such provisions for enforcing or making effective the security thereby afforded as are usually contained in debentures issued by a limited company;
(c) such debentures shall operate and have effect in accordance with the terms thereof so far as such terms are authorised by this Act.
(4) An issue of debentures made by an agricultural co-operative society under this section may consist either of a single debenture to secure the whole amount of the sum of money for the securing of which such issue is made or of a series of debentures for separate sums ranking pari passu and amounting in the aggregate to the full amount of the said sum of money, and in any event shall rank in priority to any issue of debentures subsequently made by such society under this section.
(5) An issue of debentures made by an agricultural co-operative society under this section may be accompanied and collaterally secured by a trust deed of the general character usual in respect of trust deeds entered into for similar purposes in relation to an issue of debentures or debenture stock by a limited company.
(6) Whenever an issue of debentures is made under this section by an agricultural co-operative society, the authorised lender to whom such debentures are issued shall, within twenty-one days after the issue thereof, apply in the prescribed form and manner to the Minister for the registration of such issue in the register, and if such authorised lender fails so to apply for such registration every debenture comprised in such issue shall, upon the expiration of the said period of twenty-one days, become and be null and void.
Consent of the Minister to the issue of debentures.
5.—(1) Any agricultural co-operative society proposing to issue debentures under this Act may apply, in the prescribed form and manner, to the Minister for his consent to such issue.
(2) An agricultural co-operative society applying to the Minister under this section shall furnish to the Minister all such information and particulars as he may require in relation to the financial position of such society and in relation to the proposed issue of debentures to which such application relates.
(3) The Minister may, at his absolute discretion, either give or refuse to give his consent to a proposed issue of debentures in respect of which an application is made to him under this section.
(4) Every consent given by the Minister under this section to a proposed issue of debentures shall be in writing in the prescribed form and shall state the name of the agricultural co-operative society by whom and the person to whom and the amount and other particulars of the sum of money for securing which such issue of debentures may be made, and every such consent may contain all such conditions, limitations, and restrictions in relation to such issue of debentures as the Minister shall think proper to insert in such consent, and in particular a condition requiring such debentures to be in a particular form.
(5) Every debenture issued under this Act shall contain a statement in the prescribed form that it is issued under this Act, and is so issued with the consent of the Minister and shall state the prescribed particulars of such consent.
(6) Nothing in this Act shall operate to authorise an agricultural co-operative society to make an issue of debentures under this Act otherwise than under and in accordance in all respects with the consent given by the Minister under this section for such issue of debentures.
Power to borrow on security of uncalled capital.
6.—(1) Where an agricultural co-operative society is authorised by its rules to borrow money (whether generally or subject to restrictions as to the lender or the amount) on the security of a charge on its uncalled capital, such society may, with the consent of the Minister and subject to the restrictions (if any) imposed by its rules, borrow money under and in accordance with its rules from an authorised lender on the security of a charge on its uncalled capital, and may, with such consent and subject to such restrictions (if any) as aforesaid, charge its uncalled capital accordingly.
(2) The Minister may, at his absolute discretion, either give or refuse to give his consent to any borrowing of money and charging of uncalled capital under this section by an agricultural co-operative society and, where he gives any such consent, may attach thereto such conditions and restrictions as he shall think proper.
(3) Whenever a charge on the uncalled capital of an agricultural co-operative society is made under this section, the authorised lender in whose favour such charge is so made shall, within twenty-one days after the making of such charge, apply in the prescribed form and manner to the Minister for the registration of such charge in the register, and if such authorised lender fails so to apply for such registration the said charge shall, upon the expiration of the said period of twenty-one days, become and be null and void.
Power to Minister to charge uncalled capital.
7.—(1) Whenever the Minister is satisfied, on the application of the Agricultural Credit Corporation, Limited,—
(a) that money is owing to the said Corporation by a society mentioned in the Schedule to this Act in respect of a loan made by the said Corporation to such society before the passing of this Act, and
(b) that when such loan was so made there was an agreement in writing between the said Corporation and such society that the amount of such loan and the interest thereon would be secured (in addition to any other security which may have been given) by a charge on the uncalled capital of such society, and
(c) that when such loan was made the rules of such society authorised the charging (whether generally or in favour of the said Corporation) of the uncalled capital of such society,
the Minister shall by order charge in favour of the said Corporation the capital sum (which shall be specified in such order) due at the date of such order to the said Corporation by such society on foot of such loan and interest thereon at the rate specified in such order on the uncalled capital of such society.
(2) Every order made under this section shall operate to charge in favour of the Agricultural Credit Corporation, Limited, the capital sum specified in that behalf in such order and interest thereon at the rate similarly specified on the uncalled capital of the society mentioned in such order as a first and paramount charge on such uncalled capital in priority to all other (if any) charges thereon whether made before or after the passing of this Act, and such charge shall be enforceable by the said Corporation accordingly.
(3) No stamp duty shall be payable under the Stamp Act, 1891, on any order made under this section.
(4) Every order made under this section shall be registered by the Minister in the register and published in the Iris Oifigiúil as soon as conveniently may be after it is made.
Application of called-up capital subject to charge.
8.—(1) Whenever the uncalled capital of a society registered under the Industrial and Provident Societies Act, 1893, is subject to a charge made under this Act by debenture, order, or otherwise, no part of the capital of such society which is called-up after the making of such charge shall, so long as any principal money or interest secured by such charge is outstanding and unpaid, be applied for any purpose other than in or towards payment of such principal money and interest.
(2) Whenever any part of the called-up capital of a society registered under the Industrial and Provident Societies Act, 1893, is applied in contravention of this section, every member of the committee of such society shall be guilty of an offence under this section and shall be liable on summary conviction thereof to a fine not exceeding twenty-five pounds.
(3) Where a member of the committee of a society is charged with an offence under this section, it shall be a good defence to such charge for such member to prove that he did not vote for and was not a party to or responsible, directly or indirectly, for the wrongful application of called-up capital which is alleged to constitute such offence.
The register of charges by Agricultural Co-operative Societies.
9.—(1) The Minister shall keep, in the prescribed form and manner, a register to be called and known as the Register of Charges by Agricultural Co-operative Societies and in this Act referred to as the register.
(2) The Minister shall cause to be registered in the register—
(a) all orders made by him under this Act which are required by this Act to be so registered, and
(b) all debentures issued by an agricultural co-operative society under this Act for the registration of which in the register application is duly made under this Act, and
(c) all charges on uncalled capital made under this Act by an agricultural co-operative society for the registration of which in the register application is duly made under this Act.
(3) The register shall be open to inspection by the public at the prescribed place during the prescribed times upon payment of such fee not exceeding one shilling as may, with the consent of the Minister for Finance, be prescribed.
(4) The registration in the register of an issue of debentures made under this Act by an agricultural co-operative society or of a charge on the uncalled capital of an agricultural co-operative society or other society registered under the Industrial and Provident Societies Act, 1893, made by order or otherwise under this Act shall be notice to all persons having dealings with such society of the existence of such issue of debentures or of such charge, as the case may be.
(5) All fees paid under this section shall be collected in money and taken in such manner as the Minister for Finance may from time to time direct, and shall be paid into or disposed of for the benefit of the Exchequer in accordance with the directions of the Minister for Finance.
Exclusion of the Bills of Sale (Ireland) Acts, 1879 and 1883.
10.—Nothing contained in the Bills of Sale (Ireland) Acts, 1879 and 1883, shall apply to any debenture issued under this Act, or to any charge on the uncalled capital of an agricultural co-operative society made by order of the Minister or otherwise under this Act.
Restriction on alteration of rules.
11.—Notwithstanding anything contained in any other enactment, the Registrar of Industrial and Provident Societies shall not register any alteration of the rules of an agricultural co-operative society which, in his opinion, effects any change of or variation in the objects of such society, unless such alteration has been approved of in writing by the Minister.
Regulations.
12.—The Minister may by order make regulations prescribing any matter or thing which is referred to in this Act as prescribed or to be prescribed.
Expenses.
13.—All expenses incurred by the Minister in the execution of this Act shall, to such extent as shall be sanctioned by the Minister for Finance, be paid out of moneys provided by the Oireachtas.
Short title.
14.—This Act may be cited as the Agricultural Co-operative Societies (Debentures) Act, 1934.
SCHEDULE.
Kildare and Leix Co-operative Creameries, Ltd.
Boro Co-operative Creamery, Ltd.
Edenderry Co-operative Creamery, Ltd.
Imokilly Co-operative Creamery, Ltd.
Uimhir 39 de 1934.
ACHT COMHAR-CHUMANN TALMHAÍOCHTA (DEBENTIUIRI), 1934.
Mínithe.
1.—San Acht so—
cialluíonn an abairt “an tAire” an tAire Talmhaíochta;
cialluíonn an focal “orduithe” orduithe le rialacháin ar n-a ndéanamh ag an Aire fén Acht so;
cialluíonn an abairt “an clár” an Clár de Mhuirir ag Comhar-Chumainn Talmhaíochta a bheidh á choimeád do réir an Achta so.
Iasachtaithe údaruithe.
2.—(1) Beidh na daoine seo leanas ina n-iasachtaithe údaruithe chun crícheanna an Achta so, sé sin le rá:—
(a) Aire ar bith, is ceann ar Roinn Stáit;
(b) Coimisinéirí na nOibreacha Puiblí in Éirinn;
(c) Corparáid an Cháirde Thalmhaíochta, Teoranta;
(d) Cuideachta an Cháirde Thionnscail, Teoranta;
(e) Cuideachta na Déirí-Dheighleála, Teoranta;
(f) cólucht corpruithe ar bith ag á mbíonn gnó bancaereachta ar siúl go dleathach;
(g) aon chólucht corpruithe eile no duine eile ar n-a cheadú ag an Aire go generálta no maidir le headar-ghnó áirithe.
(2) San Acht so cialluíonn an abairt “iasachtaí údaruithe” duine is iasachtaí údaruithe, de bhuadh an ailt seo, chun crícheanna an Achta so.
Cumann do dheimhniú mar chomharchumann talmhaíochta.
3.—(1) Féadfaidh cumann ar bith a bheidh cláruithe fén Industrial and Provident Societies Act, 1893, an deimhniú san a luaidhtear anso ina dhiaidh seo d'iarraidh alos an chumainn sin ar an Aire tráth ar bith sa bhfuirm agus sa tslí orduithe.
(2) Pé uair a gheobhaidh an tAire iarratas fén bhfo-alt san roimhe seo den alt so agus is deimhin leis—
(a) an cumann gur ina thaobh atá an t-iarratas san á dhéanamh do bheith ina chomhar-chumann, agus
(b) cuspóirí uile no cuid mhaith de chuspóirí an chumainn sin do bheith ina gcuspóirí talmhaíochta, agus
(c) é bheith oriúnach, ag féachaint do chúrsaí uile an cháis, go mbeadh ag an gcumann san na comhachta agus na príbhléidí bronntar leis an Acht so ar chomharchumann talmhaíochta,
féadfaidh deimhniú sa bhfuirm orduithe do thabhairt amach don chumann san á dheimhniú an cumann san do bheith ina chomharchumann talmhaíochta chun crícheanna an Achta so.
(3) Féadfaidh an tAire uair ar bith, fé mar is rogha leis féin é, deimhniú ar bith a bheidh tugtha amach aige fén alt so do cheiliúradh sa bhfuirm agus sa tslí orduithe, agus leis sin scuirfidh an cumann le n-ar bhain an deimhniú san de bheith ina chomhar-chumann talmhaíochta chun crícheanna an Achta so ach ní dhéanfaidh an ceiliúradh agus an scur san dochar ná deifir do dhleathacht éinní do rinne an cumann san roimhe sin.
(4) San Acht so (ach amháin san alt so) cialluíonn an abairt “comhar-chumann talmhaíochta” cumann ar n-a chlárú fén Industrial and Provident Societies Act, 1893, agus 'na mbeidh deimhniú tugtha amach ina thaobh fén alt so agus an deimhniú san gan ceiliúradh de thurus na huaire.
Comharchumainn talmhaíochta do thabhairt debentiúirí amach.
4.—(1) Féadfaidh comhar-chumann talmhaíochta, bheidh údaruithe le n-a gcuid rialacha airgead d'fháil ar iasacht, féadfaid, uair ar bith, fé réir forálacha an ailt seo, agus leis an toiliú sin ón Aire a luaidhtear san Acht so agus pe'ca bheidh sé údaruithe le rialacha an chumainn sin debentiúirí do thabhairt amach no ná beidh no bheidh san toirmiscthe le rialacha an chumainn sin no ná beidh, debentiúirí do thabhairt amach d'iasachtaí údaruithe ar bith chun a chur in áirithe don iasachtaí sin go ndéanfar aisíoc, go n-ús no gan ús, in aon tsuim chaipitail airgid ar n-a tabhairt ag an iasachtaí sin ar iasacht don chumann san roimh na debentiúirí sin do thabhairt amach (pe'ca roimh an Acht so do rith no dá éis sin é) no beifear ar intinn do thabhairt ar iasacht amhlaidh le linn no tar éis na tabhartha amach san, no go mbeidh cuid de ar n-a tabhairt ar iasacht amhlaidh agus go mbeifear ar intinn amhlaidh an chuid eile dhi do thabhairt ar iasacht.
(2) Ní dhéanfaidh comhar-chumann talmhaíochta debentiúirí do thabhairt amach fén alt so maran rud é go mbeidh comhacht ag coiste an chumainn sin, fé rialacha an chumainn sin, airgead d'fháil ar iasacht agus go mbeidh an méid a bheidh le fáil ar iasacht ar urrús na ndebentiúirí sin ionfhálta do réir na comhachta san no go mbeifear tar éis rúin, ag aontú leis na debentiúirí sin do thabhairt amach, do rith ag cruinniú speisialta de scaireánaigh an chumainn sin ar n-a chomóradh go soiléir chun an rúin sin do bhreithniú agus, má ceaptar san do bheith oiriúnach, chun é do rith.
(3) Bainfidh na forálacha so leanas le debentiúirí do bhéarfaidh comhar-chumann talmhaíochta amach fén alt so, sé sin le rá:—
(a) féadfar a rá sna debentiúirí sin go ndeintear an t-airgead a hurruítear leo do mhuirearú i gceachtar slí no ar an dá shlí acu so leanas, sé sin le rá, mar mhuirear shocair ar aon mhaoin áirithe (le n-a n-áirmhítear caipital nár héilíodh) leis an gcumann san no mar mhuirear so-ghluaiste ar na sócmhainní, ar an maoin, agus ar an ngnó (go n-eisceachta áirithe no dá n-éamais) is leis an gcumann san de thurus na huaire agus o am go ham;
(b) féadfaidh na forálacha san uile no aon chuid de sna forálacha san do bheith sna debentiúirí sin, chun na hurraíochta cuirtear in áirithe leo d'fheidhmiú no do dhéanamh éifeachtach, is gnáthach do bheith i ndebentiúirí thugann cuideachta theoranta amach;
(c) oibreoidh na debentiúirí sin agus beidh éifeacht acu do réir na dtéarmaí bheidh ionta sa mhéid a bheidh na téarmaí sin údaruithe leis an Acht so.
(4) Féadfaidh comhar-chumann talmhaíochta debentiúirí do thabhairt amach fén alt so tré aon debentiúir amháin do thabhairt amach chun méide iomláin na suime airgid d'urrú gur chun é d'urrú do bhéarfar an debentiúir sin amach no tré shreath de dhebentiúirí do thabhairt amach alos suimeanna ar leithligh agus iad pari passu agus a méid iomlán có-ionann le lán-mhéid na suime airgid sin, agus in aon chás beidh tosaíocht ag an tabhairtamach san ar aon debentiúirí do bhéarfaidh an cumann san amach ina dhiaidh sin fén alt so.
(5) Debentiúirí do bhéarfaidh comhar-chumann talmhaíochta amach fén alt so féadfaidh dintiúir iontaobhais bheith ina dteanta agus ina chó-urrus ortha, dintiúir den tsaghas ghenerálta is gnáthach i dtaobh dintiúirí iontaobhais a deintear chun crícheanna den tsórt chéanna maidir le cuideachtain teoranta do thabhairt debentiúirí no stuic debentiúra amach.
(6) Pé uair do bhéarfaidh comhar-chumann talmhaíochta debentiúirí amach fén alt so, déanfaidh an t-iasachtaí údaruithe dá dtabharfar amach na debentiúirí sin, déanfaidh, laistigh de lá is fiche tar éis a dtugtha amach, a iarraidh sa bhfuirm agus sa tslí orduithe ar an Aire an tabhairt-amach san do chlárú sa chlár, agus má theipeann ar an iasachtaí údaruithe sin an clárú san d'iarraidh amhlaidh tiocfaidh gach debentiúir a bheidh sa tabhairt-amach san chun bheith agus beidh sé gan bhrí gan éifeacht ar an tréimhse sin de lá is fiche do bheith caithte.
Toiliú an Aire le debentiúirí do thabhairt amach.
5.—(1) Féadfaidh comhar-chumann talmhaíochta ar bith go mbeidh beartuithe acu debentiúirí do thabhairt amach fén Acht so a iarraidh ar an Aire sa bhfuirm agus sa tslí orduithe toiliú leis an tabhairt-amach san.
(2) Déanfaidh comhar-chumann talmhaíochta bheidh ag déanamh iarratais chun an Aire fén alt so an t-eolas agus na mion-innste sin go léir do thabhairt don Aire theastóidh uaidh maidir le staid airgeadais an chumainn sin agus maidir leis na debentiúirí bheidh beartuithe do thabhairt amach agus le n-a mbainfidh an t-iarratas san.
(3) Féadfaidh an tAire, fé mar is rogha leis féin é, toiliú no diúltú do thoiliú le debentiúirí do thabhairt amach a bheidh beartuithe do thabhairt amach agus 'na mbeidh iarratas déanta chuige ina dtaobh fén alt so.
(4) Is i scríbhinn agus sa bhfuirm orduithe bheidh gach toiliú do bhéarfaidh an tAire fén alt so le debentiúirí do thabhairt amach a bheidh beartuithe do thabhairt amach agus luadhfar ann ainm an chomhar-chumainn talmhaíochta fhéadfaidh agus ainm an duine dá bhféadfar na debentiúirí sin do thabhairt amach maraon le méid na suime airgid agus mion-innste eile i dtaobh na suime airgid gur chun í d'urrú a féadfar na debentiúirí sin do thabhairt amach, agus féadfaidh gach coinníoll, teora, agus srian maidir leis na debentiúirí sin do thabhairt amach do bheith i ngach toiliú den tsórt san is dóich leis an Aire is ceart do chur isteach sa toiliú san, agus go háirithe coinníoll á chur mar cheangal na debentiúirí sin do bheith i bhfuirm áirithe.
(5) Beidh i ngach debentiúir do bhéarfar amach fén Acht so ráiteas sa bhfuirm orduithe á rá go bhfuil sé á thabhairt amach fén Acht so, agus gur le toiliú an Aire atáthar á thabhairt amach amhlaidh, agus luadhfar ann na mion-innste orduithe i dtaobh an toilithe sin.
(6) Ní oibreoidh éinní san Acht so chun a údarú do chomharchumann talmhaíochta debentiúirí do thabhairt amach fén Acht so ar chuma seachas fén toiliú agus do réir an toilithe, ar gach slí, bheidh tugtha ag an Aire fén alt so chun na debentiúirí sin do thabhairt amach.
Comhacht chun airgead d'fháil ar iasacht ar urrús caipitail nár héilíodh.
6.—(1) I gcás comhar-chumainn talmhaíochta do bheith údaruithe le n-a gcuid rialacha airgead d'fháil ar iasacht (pe'ca go generálta é no fé réir sriantachtaí maidir leis an iasachtaí no leis an méid) ar urrús muirir ar an gcuid sin dá gcaipital nár héilíodh, féadfaidh an cumann san, le toiliú an Aire agus fé réir na sriantachtaí (más aon cheann é) a bheidh forchurtha le n-a gcuid rialacha, airgead d'fháil ar iasacht, fé n-a gcuid rialacha agus dá réir, o iasachtaí údaruithe ar urrús muirir ar an gcuid sin dá gcaipital nár héilíodh, agus féadfaid, leis an toiliú san agus fé réir na sriantachtaí sin (más aon cheann é) adubhradh, an chuid sin dá gcaipital nár héilíodh do mhuirearú dá réir sin.
(2) Féadfaidh an tAire, fé mar is rogha leis féin é, toiliú no diúltú do thoiliú le comhar-chumann talmhaíochta d'fháil aon airgid ar iasacht agus do dhéanamh na coda san de chaipital nár héilíodh do mhuirearú fén alt so agus, más rud é go dtabharfa sé aon toiliú den tsórt san, féadfaidh pé coinníollacha agus sriantachtaí, is dóich leis is ceart, do chur ag gabháil leis an toiliú san.
(3) Pé uair a déanfar, fén alt so, muirear do chur ar an gcuid sin nár héilíodh de chaipital chomhar-chumainn talmhaíochta, déanfaidh an t-iasachtaí údaruithe gur ina fhábhar a déanfar an muirear san do chur amhlaidh a iarraidh ar an Aire sa bhfuirm agus sa tslí orduithe, laistigh de lá is fiche tar éis curtha an mhuirir sin, an muirear san do chlárú sa chlár, agus má theipeann ar an iasachtaí údaruithe sin an clárú san d'iarraidh amhlaidh, tiocfaidh an muirear san chun bheith agus beidh sé gan bhrí gan éifeacht ar an tréimhse sin de lá is fiche do bheith caithte.
Comhacht don Aire chun caipital nár héilíodh do mhuirearú.
7.—(1) Pé uair is deimhin leis an Aire, ar iarratas o Chorparáid an Cháirde Thalmhaíochta, Teoranta—
(a) airgead do bheith dlite don Chorparáid sin o chumann atá luaidhte sa Sceideal a ghabhann leis an Acht so alos iasachta do thug an Chorparáid sin don chumann san roimh an Acht so do rith, agus
(b) nuair do tugadh an iasacht san amhlaidh go raibh có-aontú i scríbhinn idir an gCorparáid sin agus an cumann san go ndéanfaí méid na hiasachta san agus an t-ús air d'urrú (i dteanta aon urrúis eile do tugadh) tré mhuirear ar an gcuid sin nár héilíodh de chaipital an chumainn sin, agus
(c) nuair do tugadh an iasacht san go raibh sé údaruithe le rialacha an chumainn sin muirearú do dhéanamh (pe'ca go generálta no i bhfábhar na Corparáide sin é) ar an gcuid sin nár héilíodh de chaipital an chumainn sin,
déanfaidh an tAire le hordú an tsuim chaipitail (a luadhfar san ordú san) a bheidh dlite ar dháta an orduithe sin don Chorparáid sin ón gcumann san ar scór na hiasachta san, maraon leis an ús uirthi sin do réir an ráta luadhfar san ordú san, do mhuirearú i bhfábhar na Corparáide sin ar an gcuid sin nár héilíodh de chaipital an chumainn sin.
(2) Gach ordú déanfar fén alt so oibreoidh sé chun an tsuim chaipitiúil a luadhfar chuige sin san ordú san, maraon leis an ús uirthi sin do réir an ráta luadhfar san ordú san, do mhuirearú, i bhfábhar Corparáide an Cháirde Thalmhaíochta, Teoranta, ar an gcuid sin nár héilíodh de chaipital an chumainn a luadhfar san ordú san mar chéad-mhuirear agus mar phríomh-mhuirear ar an gcuid sin den chaipital san agus tosach ag an muirear san ar gach muirear eile (más aon cheann é) bheidh ar an gcéanna, pe'ca roimh an Acht so do rith no dá éis sin do muirearadh é, agus beidh an muirear san infheidhmithe ag an gCorparáid sin dá réir sin.
(3) Ní bheidh aon diúité stampa iníoctha fén Stamp Act, 1891, ar aon ordú déanfar fén alt so.
(4) Gach ordú déanfar fén alt so cláróidh an tAire sa chlár é agus foillseofar é san Iris Oifigiúil chó luath agus bheidh caoi ann chuige sin tar éis a dhéanta.
Caipital do héilíodh agus ar a mbeidh muirear do chur chun críche.
8.—(1) Pé uair a bheidh an chuid sin nár héilíodh de chaipital chumainn a bheidh cláruithe fén Industrial and Provident Societies Act, 1893, fé mhuirear, ar n-a chur uirthi fén Acht so tré dhebentiúir no tré ordú no ar shlí eile, ní déanfar, faidh a bheidh aon airgead colna no ús a bheidh á urrú leis an muirear san amuich agus gan íoc, cuid ar bith de chaipital an chumainn sin a héileofar tar éis churtha an mhuirir sin, ní déanfar san do chur chun críche ar bith seachas chun no mar chabhair chun an airgid cholna san agus an úis sin d'íoc.
(2) Pé uair a déanfar cuid ar bith do héilíodh de chaipital chumainn a bheidh cláruithe fén Industrial and Provident Societies Act, 1893, do chur chun críche contrárdha don alt so, beidh gach ball de choiste an chumainn sin ciontach i gcionta fén alt so agus ar a chiontú ann ar an slí achmair dlighfear fíneáil ná raghaidh thar cúig púint fhichead do chur air.
(3) I gcás baill de choiste chumainn do chúiseamh i gcionta fén alt so, beidh sé ina chosaint mhaith ar an gcúiseamh san an ball san do chruthú, maidir le caipital do héilíodh do chur chun críche éagcóraí agus go n-abartar gurb é a chur chun críche amhlaidh an cionta san, nár vótáil sé leis sin agus ná raibh aon pháirt aige ann ná ná raibh sé freagarthach, go díreach ná go nea-dhíreach, ann.
An clár de mhuirir ag Comhar-Chumainn Talmhaíochta.
9.—(1) Coimeádfaidh an tAire, sa bhfuirm agus sa tslí orduithe, clár dá ngairmfear agus ar a dtabharfar an Clár de Mhuirir ag Comhar-Chumainn Talmhaíochta agus dá ngairmtear an clár san Acht so.
(2) Cuirfidh an tAire fé ndeár go gclárófar sa chlár—
(a) gach ordú dhéanfaidh fén Acht so agus is gá do réir an Achta so do chlárú amhlaidh, agus
(b) gach debentiúir do bhéarfaidh comhar-chumann talmhaíochta amach fén Acht so agus go n-iarrfar go cuibhe fén Acht so iad do chlárú sa chlár, agus
(c) na muirir uile dhéanfaidh comhar-chumann talmhaíochta fén Acht so a chur ar an gcuid sin dá gcaipital nár héilíodh agus go n-iarrfar go cuibhe fén Acht so iad do chlárú sa chlár.
(3) Beidh an clár ar nochtadh chun a iniúchta ag an bpuiblíocht san áit orduithe i rith na dtráthanna orduithe ar íoc pé táille nách mó ná scilling a bheidh orduithe le toiliú an Aire Airgid.
(4) Beidh an clárú déanfar sa chlár ar dhebentiúirí ar n-a dtabhairt amach fén Acht so ag comhar-chumann talmhaíochta no ar mhuirear ar n-a chur, le hordú no ar shlí eile fén Acht so, ar an gcuid sin nár héilíodh de chaipital chomhar-chumainn talmhaíochta no chumainn eile bheidh cláruithe fén Industrial and Provident Societies Act, 1893, beidh san ina fhógra do gach duine, ag á mbeidh deighleála leis an gcumann san, i dtaobh na ndebentiúirí sin do bheith tugtha amach no an mhuirir sin do bheith ann, do réir mar bheidh.
(5) Na táillí uile a híocfar fén alt so baileofar iad in airgead agus tógfar iad i pé slí ordóidh an tAire Airgid o am go ham, agus déanfar iad d'íoc isteach sa Stát-Chiste no do chur chun tairbhe don Stát-Chiste do réir orduithe an Aire Airgid.
Na Bills of Sale (Ireland) Acts, 1879 and 1883, do dhúnadh amach.
10.—Ní bhainfidh éinní atá sna Bills of Sale (Ireland) Acts, 1879 and 1883, le debentiúir ar bith do bhéarfar amach fén Acht so ná le haon mhuirear a cuirfear, le hordú ón Aire no ar shlí eile fén Acht so, ar an gcuid sin nár héilíodh de chaipital chomhar-chumainn talamhaíochta.
Srian le rialacha d'atharú.
11.—D'ainneoin éinní atá in achtachán ar bith eile, ní dhéanfaidh Clárathóir na gCumann Tionnscail agus Soláthair aon atharú ar rialacha chomhar-chumainn talmhaíochta do chlárú a dhéanfaidh aon tsóinseáil no atharú ar chuspóirí an chumainn sin, dar leis, mara mbeidh an tAire tar éis an atharuithe sin do cheadú i scríbhinn.
Rialacháin.
12.—Féadfaidh an tAire le hordú rialacháin do dhéanamh ag ordú éinní no aon ruda dá dtagartar san Acht so mar ní no mar rud atá orduithe no le hordú.
Costaisí.
13.—Sa mhéid go gceadóidh an tAire Airgid é is amach as airgead a sholáthróidh an tOireachtas a híocfar gach costas fé n-a raghaidh an tAire chun an Achta so do chur i bhfeidhm.
Gearr-theideal.
14.—Féadfar an tAcht Comhar-Chumann Talmhaíochta (Debentiúirí), 1934, do ghairm den Acht so.
SCEIDEAL.
Kildare and Leix Co-operative Creameries Ltd.
Boro Co-operative Creamery, Ltd.
Edenderry Co-operative Creamery, Ltd.
Imokilly Co-operative Creamery, Ltd.