1974_si_294

S.I. No. 294/1974 - Unit Trusts Act, 1972 (Section 10 (3)) Order, 1974.

4 Articles / Provisions · Ireland

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Statutory Text (4 Articles)

ISB SI

Reg. 1 S.I. No. 294/1974 - Unit Trusts Act, 1972 (Section 10 (3)) Order, 1974. Open official source

1. This Order may be cited as the

Unit Trusts Act, 1972

(Section 10 (3)) Order, 1974.

ISB SI

Reg. 2 S.I. No. 294/1974 - Unit Trusts Act, 1972 (Section 10 (3)) Order, 1974. Open official source

2. This Order shall come into operation on the 1st day of November, 1974.

ISB SI

Reg. 3 S.I. No. 294/1974 - Unit Trusts Act, 1972 (Section 10 (3)) Order, 1974. Open official source

3. Not less than 50% of any property for the time being subject to any trust created under any registered unit trust scheme shall be Irish securities or other property in the State.

GIVEN under my Official Seal, this 25th day of September, 1974.

JUSTIN KEATING,

Minister for Industry and

Commerce.

EXPLANATORY NOTE.

The effect of this Order is to ensure that every Unit Trust registered under the

Unit Trusts Act, 1972

shall have at least 50% of its assets invested in the State.

ISB SI

Preamble S.I. No. 294/1974 - Unit Trusts Act, 1972 (Section 10 (3)) Order, 1974. Open official source

S.I. No. 294 of 1974.

UNIT TRUSTS ACT, 1972 (SECTION 10 (3)) ORDER, 1974.

I, JUSTIN KEATING, Minister for Industry and Commerce, in exercise of the powers conferred on me by

section 10

(3) of the

Unit Trusts Act, 1972

(No. 17 of 1972), hereby order as follows:—

S.I. No. 294/1974 - Unit Trusts Act, 1972 (Section 10 (3)) Order, 1974.

Statutory Text (4 Articles)

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