Uimhir 7 de 1983

AN tACHT CAIRDE TIONSCAIL (LEASÚ), 1983

[An tiontú oifigiúil]

Léiriú.

1.—San Acht seo, ciallaíonn “An Príomh-Acht” an tAcht Cáirde Tionnscail, 1933.

Leasú ar an Sceideal a ghabhann leis an bPríomh-Acht.

2.—Leasaítear leis seo mír 4 den Sceideal a ghabhann leis an bPríomh-Acht trí “£800,000,000” a chur in ionad “£400,000,000” (a cuireadh isteach leis an Acht Cairde Tionscail (Leasú), 1979) i gclásal (i) d'fhomhír (d) (a cuireadh isteach leis an Acht Cairde Tionscail (Leasú), 1971), agus tá an clásal sin, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an alt seo.

Ráthaíochtaí ón Aire.

3.—Leasaítear leis seo alt 3 (3) den Acht Cairde Tionscail (Leasú), 1958, trí “£800,000,000” a chur in ionad “£400,000,000” (a cuireadh isteach le halt 2 den Acht Cairde Tionscail (Leasú), 1979), agus tá an fo-alt sin, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an alt seo.

Aisíoc airleacan ag an gCuideachta a tharscaoileadh.

4.—(1) I gcás ina ndéanfar, nó ina ndearnadh roimh dháta an Achta seo a rith, aon suim a airleacan faoi alt 4 den Acht Cairde Tionscail (Leasú), 1959, beidh éifeacht leis na forálacha seo a leanas d'ainneoin aon ní san Acht sin:

(a) féadfaidh an tAire Airgeadais—

(i) aisíoc na suime sin, nó

(ii) aisíoc an iarmhéid den tsuim sin a bheidh fós gan aisíoc,

ag an gCuideachta a tharscaoileadh go hiomlán nó go páirteach;

(b) as a aithle sin, scoirfidh an méid ar tarscaoileadh a aisíoc de bheith inaisíoctha ag an gCuideachta.

(2) Aisíocfar leis an Aire Airgeadais as airgead a sholáthróidh an tOireachtas aon mhéid a ndearnadh, de bhun fho-alt (1) den alt seo, a aisíoc ag an gCuideachta a tharscaoileadh.

(3) Má bhíonn aon aisíoc déanta de bhun fho-alt (2) den alt seo leis an Aire Airgeadais, íocfar isteach sa Státchiste é.

Méadú ar líon stiúrthóirí na Cuideachta.

5.—(1) Leasaítear leis seo an Sceideal a ghabhann leis an bPríomh-Acht trí “naonúr” a chur in ionad “seachtar” i mír 3 den Sceideal sin agus tá an mhír sin, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an bhfo-alt seo.

(2) Leasaítear leis seo tuilleadh an Sceideal a ghabhann leis an bPríomh-Acht trí “naonúr” a chur in ionad “seachtar” agus “cúigear” a chur in ionad “ceathrar” i gclásal (i) de mhír 4 (a), agus tá an clásal sin, arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an bhfo-alt seo.

Cumhacht Meabhrán Comhlachais agus Airteagail Chomhlachais na Cuideachta a athrú.

6.—Déanfaidh an Chuideachta cibé bearta is gá faoi Achtanna na gCuideachtaí, 1963 go 1982, chun Meabhrán Comhlachais agus Airteagail Chomhlachais na Cuideachta a athrú le go mbeidh siad ar comhréir leis na hAchtanna Cairde Tionscail, 1933 go 1983.

Gearrtheideal, comhlua agus forléiriú.

7.—(1) Féadfar an tAcht Cairde Tionscail (Leasú), 1983, a ghairm den Acht seo.

(2) Féadfar na hAchtanna Cairde Tionscail, 1933 go 1983, a ghairm de na hAchtanna Cairde Tionscail, 1933 go 1979, agus den Acht seo le chéile agus forléireofar iad le chéile mar aon Acht amháin.

Number 7 of 1983

INDUSTRIAL CREDIT (AMENDMENT) ACT, 1983

ARRANGEMENT OF SECTIONS

Number 7 of 1983

INDUSTRIAL CREDIT (AMENDMENT) ACT, 1983

Interpretation.

1.—In this Act, “the Principal Act” means the Industrial Credit Act, 1933.

Amendment of Schedule to Principal Act.

2.—Paragraph 4 of the Schedule to the Principal Act is hereby amended by the substitution in clause (i) of subparagraph (d) (inserted by the Industrial Credit (Amendment) Act, 1971) of “£800,000,000” for “£400,000,000” (inserted by the Industrial Credit (Amendment) Act, 1979), and the said clause, as so amended, is set out in the Table to this section.

TABLE

(i) the amount so raised or borrowed and standing unpaid at any particular time shall not exceed £800,000,000 less the amount (if any) which the Minister has, under a guarantee or guarantees given by him, paid in respect of the principal of moneys raised or borrowed by the Company and which stands at that time not repaid to the Minister by the Company,

Guarantees by Minister.

3.—Section 3 (3) of the Industrial Credit (Amendment) Act, 1958, is hereby amended by the substitution of “£800,000,000” for “£400,000,000” (inserted by section 2 of the Industrial Credit (Amendment) Act, 1979), and the said subsection, as so amended, is set out in the Table to this section.

TABLE

(3) The Minister shall not so exercise the powers conferred by subsection (1) of this section that the amount, or the aggregate amount, of principal which he may at any one time be liable to pay on foot of any guarantee or guarantees under that subsection for the time being in force, together with the amount of principal (if any) which the Minister has previously paid on foot of any such guarantees and has not been repaid by the Company, exceeds £800,000,000.

Waiver of repayment by Company of advances.

4.—(1) Where any sum is, or, before the passing of this Act, has been, advanced under section 4 of the Industrial Credit (Amendment) Act, 1959, the following provisions shall, notwithstanding anything contained in that Act, have effect:

(a) the Minister for Finance may waive the repayment by the Company of the whole or part of—

(i) such sum, or

(ii) the balance thereof remaining unrepaid;

(b) thereupon, the amount repayment of which has been waived shall cease to be repayable by the Company.

(2) Any amount repayment of which by the Company has been waived pursuant to subsection (1) of this section shall be repaid to the Minister for Finance out of moneys provided by the Oireachtas.

(3) Where any repayment has been made pursuant to subsection (2) of this section to the Minister for Finance, it shall be paid into the Exchequer.

Increase in number of directors of Company.

5.—(1) The Schedule to the Principal Act, is hereby amended by the substitution in paragraph 3 of that Schedule of “nine” for “seven”, and the said paragraph, as so amended, is set out in the Table to this subsection.

TABLE

3. The Articles of Association of the Company shall specify the number of directors (including the chairman) of the Company and the number so specified shall be nine or five.

(2) The Schedule to the Principal Act is hereby further amended by the substitution in clause (i) of paragraph 4 (a) of “nine” for “seven” and of “five” for “four”, and the said clause, as so amended, is set out in the Table to this subsection.

TABLE

(i) in case the number of the directors is nine, five of the said directors shall be nominated by the Minister from time to time as occasion requires,

Power to alter Memorandum and Articles of Association of Company.

6.—The Company shall take such steps as may be necessary under the Companies Acts, 1963 to 1982, to alter the Memorandum and Articles of Association of the Company to make them consistent with the Industrial Credit Acts, 1933 to 1983.

Short title, collective citation and construction.

7.—(1) This Act may be cited as the Industrial Credit (Amendment) Act, 1983.

(2) The Industrial Credit Acts, 1933 to 1979, and this Act may be cited together as the Industrial Credit Acts, 1933 to 1983, and shall be construed together as one Act.