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Housing Finance Agency Act, 1981

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Number 37 of 1981

HOUSING FINANCE AGENCY ACT, 1981

ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

Formation and registration of Agency.

3.

Name and capital of Agency.

4.

Memorandum of association and articles of association of Agency.

5.

Loans and advances for acquisition and construction of houses.

6.

General policy directives.

7.

Power of Minister for Finance to take up, hold, and dispose of shares of Agency.

8.

Power of Minister for Finance as shareholder.

9.

Payment of dividends, etc. into Exchequer.

10.

Borrowings.

11.

Guarantee by Minister for Finance of borrowings by Agency.

12.

Advances from Central Fund, etc.

13.

Accounts and directors' report of Agency.

14.

Agency to meet its costs.

15.

Membership of either House of Oireachtas or European Assembly by directors, officers or servants of Agency.

16.

Exemption from stamp duty.

17.

Expenses.

18.

Short title.

Acts Referred to

Acquisition of Land (Assessment of Compensation) Act, 1919

1919, c. 57

Companies Act, 1963

1963, No. 33

Companies Acts, 1963 and 1977

Finance Act, 1970

1970, No. 14

Housing Act, 1966

1966, No. 21

Landlord and Tenant Law Amendment Act, Ireland, 1860

1860, c. 154

Property Values (Arbitrations and Appeals) Act, 1960

1960, No. 45

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Number 37 of 1981

HOUSING FINANCE AGENCY ACT, 1981

AN ACT TO PROVIDE FOR THE PROMOTION BY THE MINISTER FOR THE ENVIRONMENT OF A LIMITED COMPANY TO PROVIDE FINANCE, EITHER DIRECTLY OR INDIRECTLY, FOR THE ACQUISITION AND CONSTRUCTION OF HOUSES, TO PROVIDE FOR THE GUARANTEEING BY THE MINISTER FOR FINANCE OF BORROWINGS BY THE SAID COMPANY AND TO PROVIDE FOR OTHER CONNECTED MATTERS. [27th December, 1981]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: