Industrial Credit Company, Limited (Accounts) Regulations, 1934.

S.I. No. 375/1934 - Industrial Credit Company, Limited (Accounts) Regulations, 1934. STATUTORY RULES AND ORDERS, 1934. No. 375. INDUSTRIAL CREDIT COMPANY, LIMITED (ACCOUNTS) REGULATIONS, 1934. WHEREAS it is enacted by sub-section (2) of Section 11 of the Industrial Credit Act, 1933 (No. 25 of 1933), that the balance sheet and profit and loss account of the Industrial Credit Company, Limited, being the company formed in pursuance of the said Act, shall be drawn up in such manner as shall be prescribed by regulations made under the said Section 11: AND WHEREAS it is enacted by sub-section (6) of the said Section 11 that the Minister for Finance may by order make regulations prescribing any matter referred to in the said section as prescribed by regulations made under the said section: NOW, THEREFORE, the Minister for Finance, in exercise of the power conferred on him by Section 11 of the Industrial Credit Act 1933 (No. 25 of 1933), and of every and any other power him in this behalf enabling, hereby orders and makes the following regulations:— 1. These regulations may be cited for all purposes as the Industrial Credit Company, Limited (Accounts) Regulations, 1934. 2. The Interpretation Act, 1923 (No. 46 of 1923), applies to the interpretation of these Regulations in like manner as it applies to the interpretation of an Act of the Oireachtas. 3. In these Regulations— the expressions "the balance sheet" and "the profit and loss account" mean respectively the balance sheet and profit and loss account which the Industrial Credit Company, Limited, is required by the Industrial Credit Act, 1933 , to furnish to the Minister for Finance. 4.—(1) The balance sheet and profit and loss account for each accounting year shall, save as otherwise provided by these Regulations, be drawn up in the forms set out respectively in Parts I and II of the Schedule hereto. (2) Whenever in the drawing up of the balance sheet or profit and loss account a nil entry would require to be made under any heading in the appropriate form, the Industrial Credit Company, Limited, may, in lieu of making such nil entry, omit such heading. (3) If, upon the drawing up of the balance sheet and profit and loss account for any accounting year, any item included in any heading in the forms set out in the Schedule hereto is inappropriate to the entry to be made in respect of such heading, the reference to such item may be omitted. Given under the Official Seal of the Minister for Finance, this 29th day of November, 1934. (Signed) J. J. McELLIGOTT, Secretary, Department of Finance. PART I. THE INDUSTRIAL CREDIT COMPANY, LIMITED. Balance Sheet as at .................. Capital Authorised ... ... ... ... Cash in hand and at Bankers ... ... ... Capital Issued and Fully Paid ... ... Loans and Advances (after providing for bad and doubtful debts):— General Reserve ... ... ... ... Sundry Creditors and other Accounts (including Bank Overdraft and Reserves) ... Loans secured on Government Guaranteed Debentures ... ... ... Loans otherwise secured ... ... ... Contingent liabilityin respect of Guarantees Temporary Advances ... ... Profit and Loss Account ... ... ... Investments (at cost or market value, whichever is the lower) ... ... ... ... ... ... ... Customers' liability in respect of Guarantees ... ... Other Assets ... ... ... ... ... ... Preliminary Expenses ... ... ... ... ... TOTAL ... TOTAL ... PART II. THE INDUSTRIAL CREDIT COMPANY, LIMITED. PROFIT AND LOSS ACCOUNT FOR YEAR ENDED................... To salaries, wages, Directors' fees and Office and General Expenses ... ... ... ... ... "Provision for Income Tax and Corporation Profits Tax ... ... ... ... ... ... ... By amount brought forward ... ... ... ... "Gross Profit (after providing for bad and doubtful debts) for year ended ... ... ... ... "Balance ... ... ... ... ... ... TOTAL ... TOTAL ...