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Turf Development Act, 1957

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Number 10 of 1957.

TURF DEVELOPMENT ACT, 1957.

ARRANGEMENT OF SECTIONS

Section

1.

Borrowing powers of Board for performance of its functions.

2.

Underwriting by the Minister for Finance of issue of stock.

3.

Guarantee of securities.

4.

Annual statement as to guarantees.

5.

Securities of Board to be trustee securities.

6.

Redemption Fund.

7.

Investment of surplus moneys.

8.

Payment of dividends, etc., into the Exchequer.

9.

Powers of Minister for Finance in respect of stock held by him.

10.

Provision of money for payments out of the Central Fund.

11.

Temporary borrowing.

12.

Short title construction and collective citation.

Act Referred to

Turf Development Act, 1946

No. 10 of 1946

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Number 10 of 1957.

TURF DEVELOPMENT ACT, 1957.

AN ACT TO CONFER ADDITIONAL BORROWING POWERS ON BORD NA MÓNA AND TO PROVIDE FOR OTHER MATTERS CONNECTED THEREWITH. [12th June, 1957.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—