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Air Companies (Amendment) Act, 1967

In short

This law increases the financial limit on guarantees the Minister for Finance can provide for borrowing by Aerlinte Eireann, Teoranta. It amends a previous act to allow for a higher total amount of financial support.

What it regulates

Who it concerns

Key points

📄 Legal text
Air Companies (Amendment) Act, 1967 Skip to content Disclaimer Feedback Helpdesk Gaeilge LĂ©im go dtĂ­ an t-ĂĄbhar SĂ©anadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General TĂĄirgthe 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 OifigiĂșil / 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 ReachtaĂ­ocht Achtanna an Oireachtais IonstraimĂ­ ReachtĂșla ReachtaĂ­ocht RĂ©amh-1922 Bunreacht AcmhainnĂ­ Seachtracha BillĂ­ (Tithe an Oireachtais) Iris OifigiĂșil Achtanna Athbhreithnithe (CAD) (An CoimisiĂșn um AthchĂłiriĂș an DlĂ­) Liosta Rangaithe ReachtaĂ­ochta AistriĂșchĂĄin (achtanna.ie) AistriĂșchĂĄin (Tithe an Oireachtais) FoilseachĂĄin Rialtais ar DĂ­ol DlĂ­ AE (EUR-Lex) CCanna (Ceisteanna Coitianta) SĂ©anadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nĂł blianta nĂł raon TypeCineĂĄl All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1967 Air Companies (Amendment) Act, 1967 Air Companies (Amendment) Act, 1967 Permanent Page URL View by SectionAmharc de rĂ©ir Ailt View Full ActAmharc ar an Acht IomlĂĄn Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRĂ­ arna ndĂ©anamh faoin Acht Print Full ActPriontĂĄil an tAcht IomlĂĄn Number 11 of 1967 AIR COMPANIES (AMENDMENT) ACT, 1967 ARRANGEMENT OF SECTIONS Section 1. Definitions . 2. Increase of limit on guarantees by Minister for Finance of borrowing by Aerlinte. 3. Short title and collective citation. Acts Referred to Air Companies Act, 1966 1966, No. 4 Number 11 of 1967 AIR COMPANIES (AMENDMENT) ACT, 1967 AN ACT TO INCREASE THE LIMIT ON THE GUARANTEES OF BORROWING BY AERLINTE EIREANN, TEORANTA, WHICH MAY BE GIVEN BY THE MINISTER FOR FINANCE. [16th May, 1967.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Definitions. 1.—In this Act— “the Act of 1966” means the Air Companies Act, 1966 ; “Aerlinte” means Aerlinte Eireann, Teoranta. Increase of limit on guarantees by Minister for Finance of borrowing by Aerlinte. 2.—The Minister for Finance shall not so exercise the powers conferred by section 5 (1) (which provides for the guarantee by the Minister for Finance of borrowings by Aer Lingus, Teoranta, and Aerlinte) of the Act of 1966 and section 4 (2) (which provides for the making of advances to Aerlinte by the Minister for Finance) of the Act of 1966 that advances to Aerlinte under the latter subsection together with the amount, or the aggregate amount, of principal which he may at any one time be liable to pay in respect of any guarantees under the said section 5 (1) for the time being in force in relation to moneys borrowed by Aerlinte together with the amount of principal (if any) which the Minister for Finance has previously paid in respect of any such guarantees and has not been repaid by that company exceeds eighteen million pounds and accordingly section 5 (3) of the Act of 1966 is hereby amended by the substitution of “eighteen” for “six”. Short title and collective citation. 3.—(1) This Act may be cited as the Air Companies (Amendment) Act, 1967. (2) The Act of 1966 and this Act may be cited together as the Air Companies Acts, 1966 and 1967. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License RĂĄiteas PrĂ­obhĂĄideachais Inrochtaineacht AitheantĂłir Eorpach ReachtaĂ­ochta (ELI) CeadĂșnas SonraĂ­ Oscailte Liosta FianĂĄn © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. AtĂĄirgtear ĂĄbhar faoi ChĂłipcheart le cead Ăł Thithe an Oireachtais

🔗 To official source

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