Industrial Credit (Amendment) Act, 1977

Industrial Credit (Amendment) Act, 1977 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 1977 Industrial Credit (Amendment) Act, 1977 Industrial Credit (Amendment) Act, 1977 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 20 of 1977 INDUSTRIAL CREDIT (AMENDMENT) ACT, 1977 ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Amendment of Schedule to Industrial Credit Act, 1933. 3. Amendment of section 3 of Industrial Credit (Amendment) Act, 1958. 4. Power to alter Memorandum and Articles of Association of Company. 5. Short title and collective citation. Number 20 of 1977 INDUSTRIAL CREDIT (AMENDMENT) ACT, 1977 AN ACT TO AMEND AND EXTEND THE INDUSTRIAL CREDIT ACTS, 1933 TO 1974. [9th November, 1977] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Interpretation. 1.—(1) In this Act— “the Act of 1971” means the Industrial Credit (Amendment) Act, 1971. (2) The Industrial Credit Acts, 1933 to 1974, and this Act shall be construed as one Act. Amendment of Schedule to Industrial Credit Act, 1933. 2.—Paragraph 4 of the Schedule to the Industrial Credit Act, 1933 , is hereby amended— (a) by the substitution in clause (i) of subparagraph (d) (inserted by the Act of 1971) of “£200,000,000” for “seventy-five million pounds” (inserted by the Industrial Credit (Amendment) Act, 1974 ), and (b) by the substitution in the said paragraph (d) of the following subparagraph for subparagraph (iii): “(iii) money so raised or borrowed in a currency other than the currency of the State shall be deemed to be the equivalent in the currency of the State of the actual money raised or borrowed, such equivalent representing the amount in the currency of the State of the actual money raised or borrowed, the conversion being made at the rate of exchange in operation at the time of the transaction;”. Amendment of section 3 of Industrial Credit (Amendment) Act, 1958. 3.— Section 3 of the Industrial Credit (Amendment) Act, 1958 , is hereby amended by the substitution in subsection (10) (inserted by the Act of 1971) of the following paragraph for paragraph (a): “(a) the references to principal in subsection (3) of this section shall be taken as referring to the equivalent in currency of the State of the actual principal, such equivalent being the amount in the currency of the State of the actual principal calculated at the rate of exchange in operation at the time of the giving of the guarantee,”. Power to alter Memorandum and Articles of Association of Company. 4.—The Company shall take such steps as may be necessary under the Companies Act, 1963 , to alter the Memorandum and Articles of Association of the Company to make them consistent with the Industrial Credit Acts, 1933 to 1977. Short title and collective citation. 5.—(1) This Act may be cited as the Industrial Credit (Amendment) Act, 1977. (2) The Industrial Credit Acts, 1933 to 1974, and this Act may be cited together as the Industrial Credit Acts, 1933 to 1977. Acts Referred to Companies Act, 1963 1963, No. 33. Industrial Credit Act, 1933 1933, No. 25. Industrial Credit (Amendment) Act, 1958 1958, No. 10. Industrial Credit (Amendment) Act, 1974 1974, No. 20. 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