National Film Studios of Ireland Limited Act, 1980
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Provisions having effect in certain circumstances. |
16.— Sections 12 to 15 of this Act inclusive shall have effect so long as— | |
(a) the Minister for Finance holds any shares of the Company, | ||
(b) any moneys borrowed by the Company, the due repayment of which is guaranteed by the Minister under this Act, 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 under the guarantee, have not (together with the interest thereon at the rates appointed by the Minister for Finance) been repaid by the Company to him or recovered from the Company by him. |