IRISH STEEL HOLDINGS LIMITED (AMENDMENT) ACT, 1963

Type Act

Publication 1963-04-09

Last updated 1996-04-30

State Repealed superseded text

Text As published

Source Irish Statute Book

articles 5

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 · 1996-04-30, IRISH STEEL LIMITED ACT, 1996

Reform history JSON API

AN ACT TO AMEND AND EXTEND THE IRISH STEEL HOLDINGS LIMITED ACT, 1960. [9th April, 1963.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

1 Interpretation and construction.

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

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

2 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”.

3 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).

4 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).

5 Short title and collective citation.

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

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

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