LegalizeS.I. No. 203/1978 - State Guarantees Act, 1954 (Amendment of Schedule) Order, 1978
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S.I. No. 203 of 1978.
STATE GUARANTEES ACT, 1954 (AMENDMENT OF SCHEDULE) ORDER, 1978.
The Government in exercise of the powers conferred on them by section 9 of the State Guarantees Act, 1954 (No. 9 of 1954), hereby make the following order with respect to which, pursuant to that section, a draft has been laid before each House of the Oireachtas and a resolution approving of the draft has been passed by each such House:
1.
(1) This Order may be cited as the State Guarantees Act, 1954 (Amendment of Schedule) Order, 1978.
- (2) The collective citation "the State Guarantees Act, 1954 (Amendment of Schedule) Orders, 1957 to 1978" shall include this order.
2.
The Schedule to the State Guarantees Act, 1954 (No. 9 of 1954) is hereby amended by adding "Avoca Mines Ltd" to the bodies specified in the second column and inserting in the third column "£2,300,000' in respect of that body.
GIVEN under the Official Seal of the Government, this 11th dayof July, 1978.
SEÁN Ó LOINSIGH,
Taoiseach.
EXPLANATORY NOTE.
The purpose of this Order is to enable borrowing by Avoca Mines Ltd. up to a maximum of £2,300,000 to be guaranteed by the Minister for Finance.
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