Gas Act 1976

Temporary borrowing by Board.


F66[24. The Board may, with the consent of the majority-shareholding Minister given (where the majority-shareholding Minister is not the Minister for Finance, with the approval of the Minister for Finance) having consulted with the Minister, the Minister for Public Expenditure and Reform and any other Minister of the Government who, in the opinion of the majority-shareholding Minister having regard to the functions of that other Minister, ought to be consulted, borrow temporarily either by arrangement with bankers or otherwise such sums as it may require for the purpose of providing for current expenditure.]




Substituted (23.11.2015) by Gas Regulation Act 2013 (39/2013), s. 32(l), S.I. No. 520 of 2015.

Modifications (not altering text):


Functions conferred on the Minister for Finance transferred to the Minister for Public Expenditure and Reform (6.07.2011) by Ministers and Secretaries (Amendment) Act 2011 (10/2011), ss. 9(2), 20(1) and Sch. 2 part 1, S.I. No. 401 of 2011.

Transfer of certain other functions to Minister.

9. — ...

(2) The functions conferred on the Minister for Finance by or under any of the provisions specified in Part 1 of Schedule 2 are transferred to the Minister.


Performance of certain functions transferred to Minister by section 9.

20.— (1) The Minister shall not perform a function transferred by subsection (2) of section 9 without the consent of the Minister for Finance.



Functions Transferred To Minister



Functions performable with consent of Minister for Finance


Number and Year

Short Title








No. 30 of 1976

Gas Act 1976

Sections 8A, 23 and 24