FISHERIES (AMENDMENT) ACT, 1970

Increase of limit on advances to An Bord Iascaigh Mhara.

Increase of limit on advances to An Bord Iascaigh Mhara.

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1.—Section 18 of the Sea Fisheries Act, 1952, as amended by section 2 of the Sea Fisheries (Amendment) Act, 1959, is hereby amended by the substitution of “(subject to the limitation that the total amount (disregarding interest) standing repayable in respect of them shall at no time exceed five million pounds)” for “(not exceeding in the aggregate three million pounds)”.

Extension of borrowing powers of An Bord Iascaigh Mhara.

Extension of borrowing powers of An Bord Iascaigh Mhara.

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2.—Section 22 of the Sea Fisheries Act, 1952, is hereby amended by the deletion of “temporarily by arrangement with bankers” and the insertion of “capital or” before “current expenditure”.

Short title and collective citation.

Short title and collective citation.

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3.—(1) This Act may be cited as the Sea Fisheries (Amendment) Act, 1970.

(2) The Sea Fisheries Acts, 1952 to 1963, and this Act may be cited together as the Sea Fisheries Acts, 1952 to 1970.