In short
This law, the Exchange Control (Continuance) Act, 1958, is about extending the period of operation for the Exchange Control Act, 1954. It ensures that the rules established in the 1954 Act remain in effect for a longer duration.
What it regulates
- The duration of the Exchange Control Act, 1954.
- The expiration date of the Exchange Control Act, 1954.
- The collective citation for both the 1954 and 1958 Exchange Control Acts.
Who it concerns
- Anyone affected by the provisions of the Exchange Control Act, 1954.
Key points
- The Exchange Control Act, 1954, will continue in operation until the 31st day of December, 1962.
- After December 31, 1962, the Exchange Control Act, 1954, shall expire.
- This Act is cited as the Exchange Control (Continuance) Act, 1958.
- The Exchange Control Act, 1954, and this Act can be cited together as the Exchange Control Acts, 1954 and 1958.
📄 Legal text
Exchange Control (Continuance) Act, 1958
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Exchange Control (Continuance) Act, 1958
Exchange Control (Continuance) Act, 1958
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Number 30 of 1958.
EXCHANGE CONTROL (CONTINUANCE) ACT, 1958.
ARRANGEMENT OF SECTIONS
Section
1.
Continuance of Exchange Control Act, 1954.
2.
Short title and collective citation.
Acts Referred to
Exchange Control Act, 1954
1954, No. 30
Exchange Control (Continuance) Act, 1958
1958, No. 30
Number 30 of 1958.
EXCHANGE CONTROL (CONTINUANCE) ACT, 1958.
AN ACT TO CONTINUE IN OPERATION THE
EXCHANGE CONTROL ACT, 1954
. [25th November, 1958.]
BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—
Continuance of Exchange Control Act, 1954.
1.—The following subsection is hereby substituted for subsection (2) of
section 2
of the
Exchange Control Act, 1954
:
“(2) This Act shall continue in operation until the 31st day of December, 1962, and shall then expire.”
Short title and collective citation.
2.—(1) This Act may be cited as the Exchange Control (Continuance) Act, 1958.
(2) The
Exchange Control Act, 1954
, and this Act may be cited together as the Exchange Control Acts, 1954 and 1958.
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AI explanation based on the official legal text. Indicative, not a substitute for legal advice.