LOCAL LOANS FUND (AMENDMENT) ACT, 1986

Original version:<a href='/vid/local-loans-fund-amendment-748157057'>LOCAL LOANS FUND (AMENDMENT) ACT, 1986</a>
 
FREE EXCERPT


Number 21 of 1986


LOCAL LOANS FUND (AMENDMENT) ACT, 1986


ARRANGEMENT OF SECTIONS

Section

1.

Increase of limit on issues from the local loans fund.

2.

Short title and collective citation.


Acts Referred to

Local Loans Fund Act, 1935

1935, No. 16

Local Loans Fund (Amendment) Act, 1983

1983, No. 16


Number 21 of 1986


LOCAL LOANS FUND (AMENDMENT) ACT, 1986


AN ACT TO AMEND THE LOCAL LOANS FUND ACTS, 1935 TO 1983. [25th June, 1986]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

Increase of limit on issues from the local loans fund.

1.Section 1 of the Local Loans Fund (Amendment) Act, 1983 , is hereby repealed and in lieu thereof it is hereby enacted that the aggregate amount of the moneys issued from the local loans fund in respect of local loans during the period mentioned in section 4 (3) of the Local Loans Fund Act, 1935 , shall not exceed the sum of four thousand five hundred million pounds.

Short title and collective citation.

2.—(1) This Act may be cited as the Local Loans Fund (Amendment) Act, 1986.

(2) The Local Loans Fund Acts, 1935 to 1983, and this Act may be cited together as the Local Loans Fund Acts, 1935 to 1986.

To continue reading

REQUEST YOUR TRIAL