Trade Loans (Guarantee) (Amendment) Act, 1933

Trade Loans (Guarantee) (Amendment) Act, 1933 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 1933 Trade Loans (Guarantee) (Amendment) Act, 1933 Trade Loans (Guarantee) (Amendment) Act, 1933 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 10 of 1933. TRADE LOANS (GUARANTEE) (AMENDMENT) ACT, 1933. ARRANGEMENT OF SECTIONS Section 1. Definitions. 2. Cesser of operations under the Principal Acts. 3. Limitations on guarantee and loans. 4. Amendment of section 1 of the Act of 1924. 5. Power to grant loans. 6. Amendment of section 2 of the Act of 1924. 7. Application of certain sections of the Act of 1924. 8. Short title and citation. Acts Referred to Trade Loans (Guarantee) Act, 1924 No. 41 of 1924 Trade Loans (Guarantee) (Amendment) Act, 1932 No. 12 of 1932 Trade Loans (Guarantee) (Amendment) Act, 1926 No. 33 of 1926 Number 10 of 1933. TRADE LOANS (GUARANTEE) (AMENDMENT) ACT, 1933. AN ACT TO AMEND AND EXTEND THE TRADE LOANS (GUARANTEE) ACTS, 1924 TO 1932. [23rd June, 1933.] BE IT ENACTED BY THE OIREACHTAS OF SAORSTÁT EIREANN AS FOLLOWS:— Definitions. 1.—In this Act— the expression “the Principal Acts” means the Trade Loans (Guarantee) Acts, 1924 to 1932; the expression “the Act of 1924” means the Trade Loans (Guarantee) Act, 1924 (No. 41 of 1924); the expression “manufacturing undertaking” means an undertaking of which the object or principal object is the manufacture or production in Saorstát Eireann of goods or articles for sale. Cesser of operations under the Principal Acts. 2.—No loan shall be guaranteed or made under the Principal Acts after the passing of this Act but loans may, after such passing, be guaranteed or made under those Acts as amended and extended by this Act. Limitations on guarantee and loans. 3.—The following provisions shall apply in respect of all loans guaranteed or made after the passing of this Act under the Principal Acts as amended and extended by this Act, that is to say:— (a) the limitations imposed by section 2 of the Trade Loans (Guarantee) (Amendment) Act, 1932 (No. 12 of 1932), shall not apply in respect of loans so guaranteed or made; (b) no such loan shall be so guaranteed or made after the expiration of five years from the passing of this Act; (c) no loan of less than five hundred pounds shall be so guaranteed or made; (d) the limitations imposed by sub-section (2) of section 1 and sub-section (2) of section 2 of the Act of 1924 as amended by the Trade Loans (Guarantee) (Amendment) Act, 1926 (No. 33 of 1926), shall not apply in respect of the loans so guaranteed or made; (e) the total amount of the loans so guaranteed or made shall not exceed the sum of one million pounds. Amendment of section 1 of the Act of 1924. 4.— Section 1 of the Act of 1924 is hereby amended as follows, that is to say:— (a) different advisory committees may be appointed for the purposes of the said section in respect of different matters or for different occasions; (b) sub-section (1) of the said section shall have effect as if after the word “unincorporate” there were inserted the words “or by any individuals or individual”; (c) in the application of the said section to loans raised in connection with or for the purposes of a manufacturing undertaking, the said section shall have effect as if the word “capital,” where it occurs in the expression “capital undertaking” were omitted; (d) sub-section (4) of the said section shall not apply to any guarantee given in respect of a loan raised in connection with or for the purposes of a manufacturing undertaking. Power to grant loans. 5.—Wherever the Minister for Industry and Commerce could, after the passing of this Act, guarantee under section 1 of the Act of 1924 as amended by this Act a loan proposed to be raised by any such person as is mentioned in sub-section (1) of that section as so amended, the said Minister may, if he thinks fit with the sanction of the Minister for Finance and subject to the limitations imposed by the Principal Acts as amended and extended by this Act, himself grant such loan upon such terms and conditions as to time and manner of repayment, rate of interest, security, and other matters whatsoever as he shall with the sanction aforesaid think proper. Amendment of section 2 of the Act of 1924. 6.—Different advisory committees may be appointed for the purposes of section 2 of the Act of 1924 in respect of different matters or for different occasions and the said section shall have effect accordingly. Application of certain sections of the Act of 1924. 7.—(1) Sections 3 , 4 , 5 , and 7 of the Act of 1924 shall apply in respect of all loans guaranteed or made, after the passing of this Act, under the Principal Acts as amended and extended by this Act in like manner in all respects as they apply in respect of loans guaranteed or made under the Principal Acts before the passing of this Act. (2) The obligation imposed by section 6 of the Act of 1924 on the Minister for Industry and Commerce to lay before each House of the Oireachtas such statement and particulars as are mentioned in that section shall extend to and be performed in respect of— (a) loans guaranteed or made after the passing of this Act under the Principal Acts as amended and extended by this Act in like manner in all respects as it applies in respect of loans guaranteed or made under the Principal Acts before the passing of this Act, and (b) every three months of any period during which guarantees may be given or loans may be granted, after the passing of this Act, under the Principal Acts as amended and extended by this Act. (3) The obligation imposed by section 6 of the Act of 1924 on the Minister for Industry and Commerce to lay before each House of the Oireachtas such annual account as is mentioned in that section shall continue so long as any guarantee given under the Principal Acts as amended by this Act continues in force or any loan or part of a loan made under those Acts as so amended remains outstanding, and every such account shall extend to sums issued out of the Central Fund and sums paid into the Exchequer under the Act of 1924 as applied by this Act. Short title and citation. 8.—(1) This Act may be cited as the Trade Loans (Guarantee) (Amendment) Act, 1933. (2) The Principal Acts and this Act may be cited together as the Trade Loans (Guarantee) Acts, 1924 to 1933. 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