[GA]

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Number 11 of 1963.

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[GA]

IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1963.

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ARRANGEMENT OF SECTIONS

Section
1.	Interpretation and construction.
2.	Amendment of section 2 of the Principle Act.
3.	Amendment of section 3 of the Principle Act.
4.	Amendment of section 9 of the Principle Act.
5.	Short title, and collective citation.

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Acts Referred to
Irish Steel Holdings Limited Act, 1960	1960, No. 32

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Number 11 of 1963.

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IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1963.

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AN ACT TO AMEND AND EXTEND THE IRISH STEEL HOLDINGS LIMITED ACT, 1960. [9th April, 1963.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:— [GA]

Interpretation and construction.

1.—(1) In this Act “the Principal Act” means the Irish Steel Holdings Limited Act, 1960.

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(2) This Act shall be construed as one with the Principal Act.

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Amendment of section 2 of the Principal Act.

2.—Section 2 of the Principal Act (which provides that the share capital of the Company shall be £4,000,000) is hereby amended by the substitution of “£6,000,000” for “four million pounds”.

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Amendment of section 3 of the Principal Act.

3.—Section 3 of the Principal Act (which imposes a limit of £4,000,000 on the acquisition of shares of the Company by the Minister for Finance) is hereby amended by the substitution of “£6,000,000” for “£4,000,000” in subsection (1).

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Amendment of section 9 of the Principal Act.

4.—Section 9 of the Principal Act (which imposes a limit of £500,000 on the guarantee by the Minister of the repayment of moneys borrowed by the Company) is hereby amended by the substitution of “£1,000,000” for “£500,000” in subsection (3).

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Short title and collective citation.

5.—(1) This Act may be cited as the Irish Steel Holdings Limited (Amendment) Act, 1963.

[GA]

(2) The Principal Act and this Act may be cited together as the Irish Steel Holdings Limited Acts, 1960 and 1963.