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Local Loans Fund (Amendment) Act, 1956

1956 29

No. 29/1956:

LOCAL LOANS FUND (AMENDMENT) ACT, 1956


ARRANGEMENT OF SECTIONS

1 Increase of limit on issues from the local loans funds.

2 Short title and collective citation.


AN ACT TO AMEND THE LOCAL LOANS FUND ACTS, 1935 TO 1954.

[24th July, 1956.]

BE IT ENACTED, BY THE OIREACHTAS AS FOLLOWS:—

Increase of limit on issues from the local loans funds.

1.— Section 1 of the Local Loans Fund (Amendment) Act, 1954 (No. 3 of 1954), is hereby repealed and in lieu thereof it is hereby enacted that the aggregate amount of the moneys issued from the local loans fund in respect of local loans during the period mentioned in subsection (3) of section 4 of the Local Loans Fund Act, 1935 (No. 16 of 1935), shall not exceed the sum of one hundred and ten million pounds.

Short title and collective citation.

2.—(1) This Act may be cited as the Local Loans Fund (Amendment) Act, 1956 .

(2) The Local Loans Fund Acts, 1935 to 1954, and this Act maybe cited together as the Local Loans Fund Acts, 1935 to 1956.



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