Postal and Telecommunications Services Act 1983

Acquisition of shares and exercise of powers by the Minister.

22

22.—(1) The Minister may take up by subscription shares in each company.

(2) The Minister may, subject to this Act, exercise in respect of the shares of each company held by him all the rights and powers of a holder of such shares and, where a right or power is exercisable by attorney, exercise it by his attorney.

Annotations

Modifications (not altering text):

C20

Application of section restricted in so far as it applies to the company (9.04.1999) by Postal and Telecommunications Services (Amendment) Act 1999 (5/1999), s. 3(2) and sch. 2, S.I. No. 87 of 1999, art. 3.

Repeals

3.— ...

(2) The enactments mentioned in column (2) of the Second Schedule are hereby repealed to the extent mentioned in column (3) of that Schedule in so far as they apply to the company.

...

SECOND SCHEDULE

Section 3(2).

Number and Year

Short Title of Act

Extent of Repeal

(1)

(2)

(3)

No. 24 of 1983.

Postal and Telecommunications Services Act, 1983.

Section 8(2).

Section 10(2).

Section 11.

Section 19(3).

Section 22.

Section 24.

Section 27.

Section 28.

Section 30.

Section 32.

Section 33.

Section 37.

Section 38.

Section 39(3).

Section 46(1), (2), (3), (6), (7), (9) and (11).

Section 51.