Shannon Free Airport Development Company Limited Act, 1959
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Provisions having effect in certain circumstances. |
10.—The provisions of the Schedule to this Act shall have effect so long as— | |
(a) the Minister for Finance holds any shares of the Company, or | ||
(b) any moneys borrowed by the Company the due repayment of which is guaranteed by the Minister for Finance under the State Guarantees Act, 1954 , as amended by the State Guarantees Act, 1954 (Amendment of Schedule) Order, 1959, have not been repaid, or | ||
(c) any moneys borrowed by the Company, the due repayment of which is so guaranteed and the amount of which has been paid by the Minister for Finance under the guarantee, have not (together with interest thereon at the rates appointed by that Minister) been repaid by the Company to him or recovered from the Company by him. |