asked the Minister for Lands and Agriculture if he can mention an approximate date when the Agricultural Credit Act, 1927, will be in working order, as a large number of people are anxious to avail of its provisions at the earliest opportunity.
CEISTEANNA—QUESTIONS. ORAL ANSWERS. - AGRICULTURAL CREDIT ACT, 1927.
It is not possible, at present, to indicate the date upon which the Agricultural Credit Corporation, to be set up under the Act referred to, will be in a position to commence its functions. Under Section 3 of the Act the Corporation must be formed and registered not later than 30th September next, and the necessary steps are being taken to ensure that this is done. Subsequent procedure will, of course, rest mainly with the Corporation, who will take the requisite steps towards obtaining capital by the offer of shares for subscription, and carry into effect the other provisions of the Act. The Deputy may rest assured that, so far as the Minister for Finance and I may be concerned, there will be as little delay as possible in bringing the Agricultural Credit Corporation into full operation.