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Industrial Credit (Amendment) Act, 1974

In short

This law amends previous Industrial Credit Acts, primarily by increasing the amount of money the Industrial Credit Company can raise or borrow and the amount the Minister can guarantee.

What it regulates

Who it concerns

Key points

📄 Legal text
Industrial Credit (Amendment) Act, 1974 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.ie) Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1974 Industrial Credit (Amendment) Act, 1974 Industrial Credit (Amendment) Act, 1974 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Print Full ActPriontáil an tAcht Iomlán Number 20 of 1974 INDUSTRIAL CREDIT (AMENDMENT) ACT, 1974 ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Power of the Company to raise or borrow money by means of debentures or otherwise. 3. Guarantees by the Minister. 4. Power to alter Memorandum and Articles of Association of Company. 5. Short title and collective citation. Acts Referred to Industrial Credit (Amendment) Act, 1971 1971, No. 9 Industrial Credit Act, 1933 1933, No. 25 Industrial Credit (Amendment) Act, 1958 1958, No. 10 Companies Act, 1963 1963, No. 33 Number 20 of 1974 INDUSTRIAL CREDIT (AMENDMENT) ACT, 1974 AN ACT TO AMEND AND EXTEND THE INDUSTRIAL CREDIT ACTS 1933 TO 1971. [16th July, 1974] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Interpretation. 1.—(1) In this Act— “the Act of 1971” means the Industrial Credit (Amendment) Act, 1971 ; “the Principal Act” means the Industrial Credit Act, 1933 . (2) The Industrial Credit Acts, 1933 to 1971, and this Act shall be construed as one Act. Power of the Company to raise or borrow money by means of debentures or otherwise. 2.—Paragraph 4 of the Schedule to the Principal Act is hereby amended by the substitution in subparagraph (d) (i) (inserted by section 5 (1) of the Act of 1971) of “seventy-five million pounds” for “thirty million pounds”. Guarantees by the Minister. 3.— Section 3 of the Industrial Credit (Amendment) Act, 1958 , is hereby amended by the substitution in subsection (3) of “£75,000,000” for “£30,000,000” (inserted by section 7 of the Act of 1971). Power to alter Memorandum and Articles of Association of Company. 4.—The Company shall take such steps as may be necessary under the Companies Act, 1963 , to alter the Memorandum and Articles of Association of the Company to make them consistent with the Industrial Credit Acts, 1933 to 1974. Short title and collective citation. 5.—(1) This Act may be cited as the Industrial Credit (Amendment) Act, 1974. (2) The Industrial Credit Acts, 1933 to 1971, and this Act may be cited together as the Industrial Credit Acts, 1933 to 1974. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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AI explanation based on the official legal text. Indicative, not a substitute for legal advice.