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Amendment of section 3 of Principal Act.
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3.— Section 3 (1) of the Principal Act (which imposes a limit of £50,000,000 on the acquisition of shares of the Company by the Minister for Finance) is hereby amended by the substitution of “£120,000,000” for “£50,000,000” (inserted by the Act of 1982), and section 3 (1) of the Principal Act, as so amended, is set out in the Table to this section.
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3.—(1) The Minister for Finance may, after consultation with the Minister, from time to time, take up by subscription or purchase from the holder shares of the Company of any class or classes to an amount not exceeding in the aggregate £120,000,000 including any sum expended before the passing of this Act on such purchases from moneys provided by the Oireachtas.
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