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British & Irish Steam Packet Company Limited (Acquisition) Act, 1965

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Number 5 of 1965.

BRITISH & IRISH STEAM PACKET COMPANY LIMITED (ACQUISITION) ACT, 1965

ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

Approval of agreement and carrying out of its provisions.

3.

Provision of money for payments under the Act out of the Central Fund.

4.

Holding by Minister for Finance of shares of Company.

5.

Exercise by Minister for Finance of right or power exercisable by holder of shares of Company.

6.

Payment of dividends, etc., into Exchequer.

7.

Restriction on issue of shares of Company.

8.

Directors of Company.

9.

Chairman of board of directors of Company.

10.

Managing director of Company.

11.

Obligation to furnish balance sheets, etc. to Minister.

12.

Appointment of Auditor.

13.

Membership of either House of the Oireachtas by directors, officers and servants of Company.

14.

Alteration of memorandum and articles of association of Company.

15.

Restriction on alteration of memorandum and articles of association of Company.

16.

Expenses of Minister.

17.

Short title.

SCHEDULE

Act Referred to

Companies Act, 1963

1963, No. 33

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Number 5 of 1965.

BRITISH & IRISH STEAM PACKET COMPANY LIMITED (ACQUISITION) ACT, 1965

AN ACT TO APPROVE OF AN AGREEMENT BETWEEN THE MINISTER FOR FINANCE, THE MINISTER FOR TRANSPORT AND POWER AND COAST LINES LIMITED FOR THE PURCHASE BY THE MINISTER FOR FINANCE ON BEHALF OF THE GOVERNMENT OF ALL THE ISSUED SHARES OF THE BRITISH & IRISH STEAM PACKET COMPANY LIMITED, TO PROVIDE FOR THE CARRYING OUT BY THE MINISTER FOR FINANCE AND THE MINISTER FOR TRANSPORT AND POWER OF THE PROVISIONS TO BE PERFORMED BY THEM OF THE SAID AGREEMENT AND TO PROVIDE FOR MATTERS ARISING OUT OF OR CONSEQUENTIAL ON THE MATTERS AFORESAID. [18th March, 1965]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—