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Irish News Agency Act, 1949

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Number 33 of 1949.

IRISH NEWS AGENCY ACT, 1949.

ARRANGEMENT OF SECTIONS

PART I

Preliminary

Section

1.

Short title.

2.

Definitions.

3.

Expenses.

4.

Exemption from stamp duties.

PART II .

The Irish News Agency

5.

Formation and registration of the Agency.

6.

Name and capital of the Agency.

7.

The Memorandum of Association of the Agency.

8.

The Articles of Association of the Agency.

9.

Alteration of Memorandum and Articles of Association of the Agency.

10.

Loan to Agency to pay expenses of formation.

11.

Advances by the Minister to the Agency.

12.

Power of the Minister for Finance to acquire shares by subscription.

13.

Powers of the Minister for Finance as shareholder.

14.

Obligations to hold shares in trust for the Minister for Finance.

15.

Payment of dividends, etc., into the Exchequer.

16.

Obligation to furnish balance sheets, etc., to the Minister.

17.

Winding up of the Agency.

PART III .

The Advisory Board

18.

Establishment, appointment and functions of the Advisory Board.

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Number 33 of 1949.

IRISH NEWS AGENCY ACT, 1949.

AN ACT TO PROVIDE FOR THE PROMOTION BY THE MINISTER FOR EXTERNAL AFFAIRS OF A LIMITED COMPANY FOR THE COLLECTION, DISSEMINATION AND PUBLICATION OF NEWS AND INFORMATION INSIDE AND OUTSIDE THE STATE, AND TO PROVIDE FOR OTHER MATTERS CONNECTED THEREWITH. [21st December, 1949.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—