Number 17 of 1979

TRUSTEE SAVINGS BANKS ACT, 1979

ARRANGEMENT OF SECTIONS

Number 17 of 1979

TRUSTEE SAVINGS BANKS ACT, 1979

Loans by trustee savings banks.

1.—Section 3 of the Trustee Savings Banks Act, 1965, shall have effect, and shall be deemed always to have had effect, as if “(including, notwithstanding anything in the Acts, the making of loans (whether secured by mortgages of land or any interest in land or otherwise) and the using, for the purpose of making the loans, of money deposited with the bank by depositors)” was inserted after “business” in subsection (1) and the said subsection (1), as so amended, is set out in the Table to this section.

TABLE

(1) The trustees of a trustee savings bank may, with the consent of the Minister for Finance, undertake any business (including, notwithstanding anything in the Acts, the making of loans (whether secured by mortgages of land or any interest in land or otherwise) and the using, for the purpose of making the loans, of money deposited with the bank by depositors) which is, in the opinion of that Minister, calculated to encourage thrift and within the financial capacity of the bank.

Short title and collective citation.

2.—(1) This Act may be cited as the Trustee Savings Banks Act, 1979.

(2) The Trustee Savings Banks Acts, 1863 to 1965 and this Act may be cited together as the Trustee Savings Banks Acts, 1863 to 1979.

Uimhir 17 de 1979

AN tACHT UM BAINC THAISCE IONTAOBHAIS, 1979

[An tiontú oifigiúil]

[16 Iúil, 1979.]

Bainc thaisce iontaobhais do thabhairt iasachtaí.

1.—Beidh, agus measfar go raibh riamh, éifeacht le halt 3 den Acht um Bainc Thaisce Iontaobhais, 1965, ionann is dá ndéanfaí “(lena n-áirítear, d'ainneoin aon ní sna hAchtanna, iasachtaí a thabhairt (bídís urraithe le morgáistí ar thalamh nó ar aon leas i dtalamh nó ar shlí eile) agus airgead a bheidh ar taisce sa bhanc ag taisceoirí a úsáid chun iasachtaí a thabhairt)” a chur isteach i ndiaidh “aon ghnó” i bhfo-alt (1) agus tá an fo-alt sin (1), arna leasú amhlaidh, leagtha amach sa Tábla a ghabhann leis an alt seo.

Gearrtheideal agus comhlua.

2.—(1) Féadfar an tAcht um Bainc Thaisce Iontaobhais, 1979, a ghairm den Acht seo.

(2) Féadfar na hAchtanna um Bainc Thaisce Iontaobhais, 1863 go 1979, a ghairm de na hAchtanna um Bainc Thaisce Iontaobhais, 1863 go 1965, agus den Acht seo le chéile.