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Dáil Éireann debate -
Thursday, 2 Dec 1954

Vol. 147 No. 10

Committee on Finance. - Trade Loans (Guarantee) (Amendment) Bill, 1954—Money Resolution.

I move:—

That for the purpose of any Act of the present Session to amend the Trade Loans (Guarantee) Acts, 1939 to 1953, it is expedient to authorise:—

(a) the advance out of the Central Fund or the growing produce thereof of such sums as may from time to time be required for fulfilling guarantees given under such Act or for granting loans under such Act;

(b) the advance out of the Central Fund or the growing produce thereof of such sums as may be required, after the passing of such Act, for fulfilling guarantees given under the Trade Loans (Guarantee) Acts, 1924 to 1953;

(c) the payment out of moneys provided by the Oireachtas of such sums as may be required for the repayment of advances made from the Central Fund or the growing produce thereof;

(d) the charge upon and payment out of 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 of the present Session.

Question put and agreed to.
Money Resolution reported and agreed to.
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