Microenterprise Loan Fund Act 2012

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Number 31 of 2012


MICROENTERPRISE LOAN FUND ACT 2012


ARRANGEMENT OF SECTIONS

PART 1

Preliminary and General

Section

1. Short title and commencement.

2. Interpretation.

3. Expenses.

PART 2

Microenterprise Loan Fund

4. Microenterprise Loan Fund.

5. Grants to subsidiary.

6. Investment of moneys standing to credit of Fund.

7. Lending to microenterprises.

8. Borrowing by Social Finance Foundation.

9. Gifts.

10. Microenterprise Loan Fund scheme.

PART 3

Management of Microenterprise Loan Fund

11. Formation of company.

12. Name and share capital of subsidiary.

13. Memorandum and articles of association of subsidiary.

14. Disqualification for office of director of subsidiary.

15. Membership of either House of Oireachtas or European Parliament.

16. Disclosure of interests by directors of subsidiary.

17. Disclosure of interests by members of staff of subsidiary.

18. Disclosure of confidential information.

19. Funding of subsidiary.

20. Accounts and audit.

21. Annual report.

22. Review of operation of Act.


Acts Referred to

Central Bank and Credit Institutions (Resolution) Act 2011

2011, No. 27

Companies Act 1963

1963, No. 33

Companies Act 1990

1990, No. 33

Companies (Amendment) Act 1983

1983, No. 13

Companies (Amendment) Act 1986

1986, No. 25

Companies (Amendment) Act 2009

2009, No. 20

Companies Acts

Ethics in Public Office Act 1995

1995, No. 22

European Parliament Elections Act 1997

1997, No. 2

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Number 31 of 2012


MICROENTERPRISE LOAN FUND ACT 2012


AN ACT TO FACILITATE THE LENDING OF MONEY TO MICROENTERPRISES; FOR THAT PURPOSE TO MAKE PROVISION FOR A FUND TO BE KNOWN AS THE MICROENTERPRISE LOAN FUND; TO PROVIDE FOR THE FORMATION OF A COMPANY TO MANAGE THAT FUND; AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH.

[24th July, 2012]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: