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Amendment of section 14 of Principal Act.
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7.—Section 14 of the Principal Act is hereby amended by the insertion after “Minister for Finance” of “, on the recommendation of the Minister,” and the said section, as so amended, is set out in the Table to this section.
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14.—Whenever the Company proposes to issue any debentures the Minister for Finance, on the recommendation of the Minister, may, if he thinks fit, guarantee in such manner and form as he may think proper, the due payment by the Company in accordance with the terms of such debentures of the principal moneys and interest secured by such debentures.
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