ICC Bank Act, 1999

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Number 29 of 1999


ICC BANK ACT, 1999


ARRANGEMENT OF SECTIONS

Section

1.

Interpretation.

2.

Disposal and issue of shares.

3.

Provisions in relation to certain assets and liabilities transferred to Company under Fóir Teoranta (Dissolution) Act, 1990.

4.

Borrowing limit of Company.

5.

Alteration of memorandum and articles of association of Company.

6.

Borrowing limit of ACC Bank public limited company.

7.

Repeals.

8.

Expenses of Minister.

9.

Short title and construction.


Acts Referred to

ACC Bank Acts, 1978 to 1996

Agricultural Credit Act, 1978

1978, No. 2

Borrowing Powers of Certain Bodies Act, 1996

1996, No. 22

Companies Act, 1963

1963, No. 23

Companies Acts, 1963 to 1999

Fóir Teoranta (Dissolution) Act, 1990

1990, No. 31

ICC Bank Acts, 1933 to 1997

ICC Bank (Amendment) Act, 1997

1997, No. 32

Industrial Credit Act, 1933

1933, No. 25

Industrial Credit (Amendment) Act, 1971

1971, No. 9

Taxes Consolidation Act, 1997

1997, No. 39

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Number 29 of 1999


ICC BANK ACT, 1999


AN ACT TO MAKE PROVISION FOR ADDITIONAL BORROWING BY ICC BANK PUBLIC LIMITED COMPANY AND ACC BANK PUBLIC LIMITED COMPANY AND FOR THE ISSUE OF SHARES IN ICC BANK PUBLIC LIMITED COMPANY IN CONNECTION WITH AN EMPLOYEE SHARE OWNERSHIP TRUST FOR THE BENEFIT OF ITS EMPLOYEES OR THOSE OF A SUBSIDIARY OF IT. [15th December, 1999]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: