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Irish National Petroleum Corporation Limited Act, 2001

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Number 26 of 2001

IRISH NATIONAL PETROLEUM CORPORATION LIMITED ACT, 2001

ARRANGEMENT OF SECTIONS

Section

1.

Interpretation.

2.

Disposal of shares in Corporation.

3.

Payments into Exchequer.

4.

Exercise by Minister of functions exercisable by shareholders.

5.

Disposal and issue of shares in connection with trust.

6.

Disposal of assets and liabilities.

7.

Transfer of assets relating to Agency.

8.

Provision of guarantee.

9.

Alteration of memorandum and articles of association of Corporation and Agency.

10.

Deposited map.

11.

Revocations.

12.

Expenses.

13.

Short title and commencement.

SCHEDULE

Revocations

Acts Referred to

Companies Act, 1963

1963, No. 33

Companies Acts, 1963 to 1999

Prompt Payment of Accounts Act, 1997

1997, No. 31

Taxes Consolidation Act, 1997

1997, No. 39

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Number 26 of 2001

IRISH NATIONAL PETROLEUM CORPORATION LIMITED ACT, 2001

AN ACT TO PROVIDE FOR THE SALE OF THE SHARES OF THE MINISTER FOR PUBLIC ENTERPRISE IN THE IRISH NATIONAL PETROLEUM CORPORATION LIMITED AND THE DISPOSAL OF CERTAIN ASSETS AND LIABILITIES OF THAT CORPORATION, INCLUDING THE SALE OF CERTAIN OF ITS SUBSIDIARIES AND TO PROVIDE THAT THE MINISTER MAY GUARANTEE CERTAIN OBLIGATIONS OF THE CORPORATION, PURSUANT TO THE SALE AND PURCHASE AGREEMENT AND TO PROVIDE FOR RELATED MATTERS.

[9th July, 2001]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: