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Amendment of section 5 of Act of 1966.
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6.—Section 5 of the Act of 1966 is hereby amended—
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(a) by the insertion after subsection (1) of the following—
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“(1) (A) The Minister for Finance shall not so exercise the powers conferred on him by subsection (1) of this section that the aggregate amount of principal which he may at any time be liable to pay in respect of guarantees under the said subsection (1) for the time being in force in relation to moneys borrowed by Aer Lingus and Aerlínte (together with the amount of principal, if any, which the Minister for Finance has previously paid on foot of any such guarantees and has not been repaid) exceeds fifty million pounds.”,
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(b) by the substitution in subsection (10) (a) of “subsection (1) (A)” for “subsections (2) and (3)”,
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(c) by the insertion in subsection (10) (b) after “in” of “subsection (1) (A) and”, and
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(d) by the deletion of subsections (2) and (3).
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