Telecommunications Capital Act, 1981

Telecommunications Capital Act, 1981 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 1981 Telecommunications Capital Act, 1981 Telecommunications Capital Act, 1981 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 15 of 1981 TELECOMMUNICATIONS CAPITAL ACT, 1981 ARRANGEMENT OF SECTIONS Section 1. Further issue for development of telecommunications system. 2. Minister for Finance may borrow for the purposes of this Act. 3. Incorporation of sections 3 and 4 of Telephone Capital Act, 1927. 4. Short title and collective citation. Acts Referred to Telephone Capital Act, 1927 1927, No. 8 Telephone Capital Act, 1963 1963, No. 31 Number 15 of 1981 TELECOMMUNICATIONS CAPITAL ACT, 1981 AN ACT TO PROVIDE FURTHER MONEYS FOR THE DEVELOPMENT OF THE PUBLIC TELECOMMUNICATIONS SYSTEM AND FOR OTHER PURPOSES CONNECTED THEREWITH. [27th May, 1981] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Further issue for development of telecommunications system. 1.—In addition to the moneys authorised by the Telephone Capital Acts, 1924 to 1977, for the purposes of developing the public telephone system, the Minister for Finance may issue out of the Central Fund or the growing produce thereof such sums not exceeding in the whole the sum of three hundred and fifty million pounds as have been or may be required by the Minister for Posts and Telegraphs for the purposes of developing the public telecommunications system according to estimates approved by the Minister for Finance. Minister for Finance may borrow for the purposes of this Act. 2.—(1) For the purposes of providing money for the sums by this Act authorised to be issued out of the Central Fund or of providing money for the repayment to the Central Fund of all or any sums issued thereout under the authority of this Act, the Minister for Finance may borrow sums required and for that purpose may create and issue— (a) terminable annuities extending over such period as, after consultation with the Minister for Posts and Telegraphs, he thinks fit, (b) any other securities bearing such rate of interest and subject to such conditions as to repayment, redemption or otherwise as he thinks fit. (2) All moneys borrowed under this section shall be paid into the Exchequer. (3) The principal and interest of any securities issued under subsection (1) (b) of this section and the expenses in connection with the issues of such securities shall be charged on the Central Fund or the growing produce thereof. (4) There shall be made out of moneys provided by the Oireachtas: (a) payments in respect of terminable annuities created under this section, (b) repayments to the Central Fund of amounts paid thereout in respect of principal, interest or expenses charged under subsection (3) of this section. Incorporation of sections 3 and 4 of Telephone Capital Act, 1927. 3.— Section 3 of the Telephone Capital Act, 1927 , and section 4 of that Act as amended by section 3 (2) of the Telephone Capital Act, 1963 , are incorporated with this Act. Short title and collective citation. 4.—(1) This Act may be cited as the Telecommunications Capital Act, 1981. (2) The Telephone Capital Acts, 1924 to 1977, and this Act may be cited together as the Telecommunications Capital Acts, 1924 to 1981. 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