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ACP-EEC Convention of Lome (Contracts of Guarantee Between State and European Investment Bank) Act, 1976

In short

This law empowers the Minister for Finance to guarantee loans made by the European Investment Bank under the ACP-EEC Convention of Lomé, fulfilling Ireland's obligations under an international agreement.

What it regulates

Who it concerns

Key points

📄 Legal text
ACP-EEC Convention of Lome (Contracts of Guarantee Between State and European Investment Bank) Act, 1976 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 1976 ACP-EEC Convention of Lome (Contracts of Guarantee Between State and European Investment Bank) Act, 1976 ACP-EEC Convention of Lome (Contracts of Guarantee Between State and European Investment Bank) Act, 1976 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 1 of 1976 ACP-EEC CONVENTION OF LOME (CONTRACTS OF GUARANTEE BETWEEN STATE AND EUROPEAN INVESTMENT BANK) ACT, 1976 ARRANGEMENT OF SECTIONS Section 1. Definitions. 2. Power of Minister to make contracts of guarantee with European Investment Bank. 3. Payments out of Central Fund. 4. Short title. Number 1 of 1976 ACP-EEC CONVENTION OF LOME (CONTRACTS OF GUARANTEE BETWEEN STATE AND EUROPEAN INVESTMENT BANK) ACT, 1976 AN ACT TO EMPOWER THE MINISTER FOR FINANCE TO FULFIL THE OBLIGATIONS UNDERTAKEN BY THE STATE IN IMPLEMENTATION OF THE ACP-EEC CONVENTION OF LOMÉ UNDER ARTICLE 9 OF THE INTERNAL AGREEMENT ON THE FINANCING AND ADMINISTRATION OF COMMUNITY AID DONE AT BRUSSELS ON THE 11TH DAY OF JULY, 1975, ON BEHALF OF THE GOVERNMENTS OF THE MEMBER STATES OF THE EUROPEAN ECONOMIC COMMUNITY. [27th January, 1976] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Definitions. 1.—In this Act— “the Agreement” means the Internal Agreement on the Financing and Administration of Community Aid done at Brussels on the 11th day of July, 1975, on behalf of the governments of the Member States of the European Economic Community; “the Bank” means the European Investment Bank; “the Minister” means the Minister for Finance. Power of Minister to make contracts of guarantee with European Investment Bank. 2.—The Minister shall have power to fulfil on behalf of the State the obligations undertaken by the State under Article 9 of the Agreement to act as guarantor for the Bank, in proportion to the State's contributions to the capital of the Bank, in respect of all financial commitments arising for borrowers of the Bank out of the loan contracts concluded by the Bank in respect of its own resources in implementation of the ACP-EEC Convention of Lomé done at Lomé on the 28th day of February, 1975, and the Decision referred to in paragraph 1 of Article 9 of the Agreement and, accordingly, the Minister may make, on behalf of the State, contracts of guarantee with the Bank. Payments out of Central Fund. 3.—All moneys from time to time required by the Minister to meet sums which may become payable by him under this Act shall be paid out of and charged on the Central Fund or the growing produce thereof. Short title. 4.—This Act may be cited as the ACP-EEC Convention of Lomé (Contracts of Guarantee between State and European Investment Bank) Act, 1976. 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

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