← Ireland

Air Companies (Amendment) Act, 1978

In short

This law allows the Minister for Finance to buy more shares in Aer Lingus, Teoranta, and deals with related financial and legal adjustments.

What it regulates

Who it concerns

Key points

📄 Legal text
Air Companies (Amendment) Act, 1978 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 1978 Air Companies (Amendment) Act, 1978 Air Companies (Amendment) Act, 1978 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 28 of 1978 AIR COMPANIES (AMENDMENT) ACT, 1978 ARRANGEMENT OF SECTIONS Section 1. Power of Minister for Finance to acquire further shares in Aer Lingus, Teoranta. 2. Provision of moneys for payments under this Act out of the Central Fund. 3. Alteration of memorandum and articles of association of Aer Lingus, Teoranta. 4. Short title and collective citation. Number 28 of 1978 AIR COMPANIES (AMENDMENT) ACT, 1978 AN ACT TO PROVIDE FOR THE TAKING UP BY THE MINISTER FOR FINANCE OF FURTHER SHARES OF AER LINGUS, TEORANTA, AND TO PROVIDE FOR OTHER MATTERS CONNECTED WITH THE MATTER AFORESAID. [12th December, 1978] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Power of Minister for Finance to acquire further shares in Aer Lingus, Teoranta. 1.—In addition to the shares held by him in Aer Lingus, Teoranta, by virtue of sections 2 and 3 of the Air Companies Act, 1966 , the Minister for Finance may subscribe for further shares (of any class) of Aer Lingus, Teoranta, to an amount not exceeding fifteen million pounds. Provision of moneys for payments under this Act out of the Central Fund. 2.—All moneys from time to time required by the Minister for Finance to meet sums which may become payable by him under this Act shall be paid out of the Central Fund or the growing produce thereof. Alteration of memorandum and articles of association of Aer Lingus, Teoranta. 3.—Aer Lingus, Teoranta, shall take such steps as may be necessary under the Companies Act, 1963 , to alter its memorandum and articles of association to make them consistent with this Act. Short title and collective citation. 4.—(1) This Act may be cited as the Air Companies (Amendment) Act, 1978. (2) The Air Companies Acts, 1966 to 1976, and this Act may be cited together as the Air Companies Acts, 1966 to 1978. Acts Referred to Air Companies Act, 1966 1966, No. 4 Companies Act, 1963 1963, No. 33 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

🔗 To official source

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