TRADE LOANS (GUARANTEE) (AMENDMENT) ACT, 1949

Type Act

Publication 1949-05-18

Last updated 1953-03-03

State Partially repealed superseded text

Text As published

Source Irish Statute Book

articles 4

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

1 amending act · 1953-03-03, TRADE LOANS (GUARANTEE) (AMENDMENT) ACT, 1953

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AN ACT TO EXTEND THE PERIOD DURING WHICH LOANS MAY BE GRANTED OR GUARANTEED UNDER THE TRADE LOANS (GUARANTEE) ACT, 1939. [18th May, 1949.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

1 Definitions.

1.—In this Act—

the expression “the Minister” means the Minister for Industry and Commerce;

the expression “the Principal Act” means the Trade Loans (Guarantee) Act, 1939 (No.5 of 1939).

2 Extension of period for granting or guaranteeing loans under the Principal Act.

2.—(1) A loan shall not be granted or guaranteed under the Principal Act after the expiration of five years from the passing of this Act.

(2) The Minister may, if he thinks fit so to do, publish in Iris Oifigiúil a notice stating that after a date (less than five years after the passing of this Act) specified in such notice he will not entertain any application for either the guarantee or the grant of a loan under the Principal Act.

(3) When a notice has been published by the Minister under subsection (2) of this section, the Minister shall not entertain any application made after the date specified in such notice for either the guarantee or the grant of a loan under the Principal Act.

3 Repeal.

3.—The Trade Loans (Guarantee) (Amendment) Act, 1944 (No.15 of 1944), is hereby repealed.

4 Short title and citation.

4.—(1) This Act may be cited as the Trade Loans (Guarantee) (Amendment) Act, 1949.

(2) The Principal Act and this Act may be cited together as the Trade Loans (Guarantee) Acts, 1939 and 1949.

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