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ACC Bank Act, 2001

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Number 12 of 2001

ACC BANK ACT, 2001

ARRANGEMENT OF SECTIONS

Section

1.

Interpretation.

2.

Expenses of Minister.

3.

Amendment of section 11 of Agricultural Credit Act, 1978.

4.

Disposal and issue of shares in ACC in connection with a trust.

5.

Disposal of shares in ACC.

6.

Provisions in relation to guarantees of Minister under section 14 of Agricultural Credit Act, 1978.

7.

Alteration of memorandum and articles of association of ACC.

8.

Registration of Title Act, 1964.

9.

Chattel mortgages.

10.

Amendment of section 2 of Insurance (Amendment) Act, 1978.

11.

Amendment of section 3 of Companies (Amendment) Act, 1990.

12.

Repeals and revocations.

13.

Short title and commencement.

SCHEDULE

Repeals and Revocations

PART 1

Enactments Repealed

PART 2

Statutory Instruments Revoked

Acts Referred to

ACC Bank Act, 1992

1992, No. 6

ACC Bank Acts, 1978 to 1999

Agricultural Credit Act, 1978

1978, No. 2

Building Societies Act, 1989

1989, No. 17

Central Bank Act, 1971

1971, No. 24

Central Bank Act, 1997

1997, No. 8

Companies Act, 1963

1963, No. 23

Companies Acts, 1963 to 1999

Companies (Amendment) Act, 1990

1990, No. 27

Companies (Amendment)(No. 2) Act, 1999

1999, No. 30

ICC Bank Act, 2000

2000, No. 32

Insurance (Amendment) Act, 1978

1978, No. 30

Registration of Title Act, 1964

1964, No. 16

Taxes Consolidation Act, 1997

1997, No. 39

Trustee Savings Banks Act, 1989

1989, No. 21

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Number 12 of 2001

ACC BANK ACT, 2001

AN ACT TO MAKE PROVISION IN RELATION TO ACC BANK PUBLIC LIMITED COMPANY INCLUDING, INCREASING THE AUTHORISED SHARE CAPITAL OF THE BANK, THE ISSUE OF SHARES IN THE BANK IN CONNECTION WITH AN EMPLOYEE SHARE OWNERSHIP TRUST FOR THE BENEFIT OF ITS EMPLOYEES, THE DISPOSAL BY THE MINISTER FOR FINANCE OF SHARES IN THE BANK AND PROVISION IN RELATION TO CERTAIN GUARANTEES OF THE BANK'S BORROWING, TO PROVIDE FOR THE REPEAL TO THE EXTENT PROVIDED FOR OF THE ACC BANK ACTS, 1978 TO 1999, AND THE PROVISIONS OF CERTAIN OTHER ENACTMENTS AND THE REVOCATION OF CERTAIN STATUTORY INSTRUMENTS AND TO PROVIDE FOR RELATED MATTERS. [29th May, 2001]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: