FLAX COMPANIES (FINANCIAL ASSISTANCE) ACT 1918 - SECT 1 Power for companies, &c. to give financial assistance to flax companies and to borrow for that purpose.

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FLAX COMPANIES (FINANCIAL ASSISTANCE) ACT 1918 - SECT 1

Power for companies, &c. to give financial assistance to flax companies and to borrow for that purpose.

1. Any company, association or body of persons, notwithstanding anything
contained in any Act, Order or instrument, by or under which it is constituted
or regulated, shall, subject to the consent of the Board of Trade, have power,
if so determined by a resolution passed at a general meeting of the company,
association, or body of persons

Para.(i) rep. by SLR 1950

(ii)after the expiration of the said period of twelve months to hold, sell, or
dispose of any such shares, stock, or other securities, and continue or renew
any such loan guarantee or other financial assistance, or any such borrowing
as aforesaid.

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Northern Irish Legislation

FLAX COMPANIES (FINANCIAL ASSISTANCE) ACT 1918 - SECT 1