AI-assisted research summary: This Act provides for forming and registering a company to give credit to people engaged in agriculture and related businesses, and for rules about agricultural stock mortgages.
Agricultural Credit Act, 1927 Permanent Page URL View by Section Amharc de réir Ailt View Full Act Amharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRà arna ndéanamh faoin Acht Priontáil an tAcht Iomlán Previous Section Alt Roimhe Next Section An Chéad Alt Eile Priontáil an tAlt 24 1927. AGRICULTURAL CREDIT ACT, 1927. ARRANGEMENT OF SECTIONS PART I. 1. Short title. 2. Definitions generally. PART II. The Agricultural Credit Corporation. 3. Formation and registration of the Corporation. 4. Name and capital of the Corporation. 5. Subscription of capital of the Corporation. 6. State liability for capital of the Corporation. 7. State liability for dividends on the capital of the Corporation. 8. Memorandum of Association of the Corporation. 9. Objects of the Corporation. 10. Articles of Association of the Corporation. 11. Directors of the Corporation. 12. Limitations on the lending of money by the Corporation. 13. Limitations on receipt of deposits by the Corporation. 14. Issue of debentures by the Corporation. 15. Issue of Certificates of Charge by the Corporation. 16. Additional returns to Registrar of Companies. 17. Accounts of the Corporation. 18. Exemption from stamp duty. 19. Registration of Joint Orders of Minister for Finance and Minister for Lands and Agriculture. 20. 21. Charge of moneys on Central Fund. 22. Offences in relation to loans by the Corporation. PART III. Chattel Mortgages. 23. Definitions in relation to chattel mortgages. 24. Recognised banks. 25. Registers of chattel mortgages. 26. Operation and effect of specific chattel mortgage. 27. Operation and effect of floating chattel mortgages. 28. Priorities of chattel mortgages. 29. Disclosure of chattel mortgage to creditor. 30. Statement of existing indebtedness by intending mortgagor. 31. Effect of chattel mortgages in relation to execution orders. 32. Avoidance of bills of sale on farming stock. Certificates of Charge. Enforcement of Court Orders Act, 1926 No. 18 of 1926 24 1927. AGRICULTURAL CREDIT ACT, 1927. AN ACT TO MAKE PROVISION FOR THE FORMATION AND REGISTRATION OF A COMPANY HAVING FOR ITS PRINCIPAL OBJECT THE GIVING OF CREDIT TO PERSONS ENGAGED IN AGRICULTURE AND BUSINESSES ANCILLARY TO AGRICULTURE, TO AUTHORISE THE GIVING OF GUARANTEES BY THE STATE IN RELATION TO THE CAPITAL OF SUCH COMPANY AND SECURITIES ISSUED BY IT, AND TO PROVIDE FOR CERTAIN OTHER MATTERS RELATING TO SUCH COMPANY, AND TO FACILITATE THE BORROWING OF MONEY BY FARMERS ON MORTGAGES OF THEIR FARMING STOCK AND TO REGULATE THE OPERATION AND EFFECT OF SUCH MORTGAGES. [28 th May , 1927.] BE IT ENACTED BY THE OIREACHTAS OF SAORSTAT EIREANN AS FOLLOWS:—