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Dáil Éireann debate -
Thursday, 11 Jul 1929

Vol. 31 No. 5

In Committee on Finance. - Electricity (Finance) Bill, 1929—Money Resolution.

I move:—

Chun críche aon Achta a rithfar sa tSiosón so chun leasú do dhéanamh ar fhó-ailt (4) agus (5) d'alt 11 d'Acht Leictreachais na Sionainne, 1925, agus ar ailt 12 agus 15 den Acht Leictreachais (Soláthar), 1927, go bhfuil sé oiriúnach a údarú—

(a) go n-íocfar as an bPrímh-Chiste no as a thora fáis roimh-íocanna a déanfar fén Acht san agus ná raghaidh a n-iomlán thar suim sheacht gcéad ochtó a haon de mhílte punt, agus

(b) go gcuirfar mar mhuirear ar an bPrímh-Chiste no ar a thora fáis colann agus ús aon urrúsanna a tabharfar amach chun iasacht d'fháil fén Acht san.

That, for the purpose of any Act of the present Session to amend sub-sections (4) and (5) of Section 11 of the Shannon Electricity Act, 1925, and Sections 12 and 15 of the Electricity (Supply) Act, 1927, it is expedient to authorise—

(a) the payment out of the Central Fund or the growing produce thereof of advances made under such Act not exceeding in the aggregate the sum of seven hundred and eighty-one thousand pounds, and

(b) the charge upon the Central Fund or the growing produce thereof of the principal and interest of any securities issued for the purpose of borrowing under such Act.

Question put and agreed to.
Resolution ordered to be reported.
The Dáil went out of Committee.
Resolution reported and agreed to.
The Dáil went into Committee.
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