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PART VI
Winding Up and Related Matters
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Registration of Charges
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Amendment of section 99 of the Principal Act.
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122.—Section 99 of the Principal Act is hereby amended—
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(a) in subsection (2), by the substitution for paragraph (h) of the following paragraph—
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“(h) a charge on a ship or aircraft or any share in a ship or aircraft;”, and
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(b) by the insertion of the following subsections—
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“(2A) The Minister may by regulations amend subsection (2) so as to add any description of charge to, or remove any description of charge from, the charges requiring registration under this section.
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(2B) The power of the Minister under subsection (2A) shall include a power to amend by regulations the description of any charge referred to in subsection (2).
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(2C) Every regulation made by the Minister under this section shall be laid before each House of the Oireachtas as soon as may be after it is made and, if a resolution annulling the regulation is passed by either House within the next 21 days on which that House has sat after the regulation is laid before it, the regulation shall be annulled accordingly, but without prejudice to the validity of anything previously done thereunder.”.
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Winding Up by the Court
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