Section 6 of the Industrial and Provident Societies (Amendment) Act 1978 is amended -
(a) in subsection (1), by the substitution of "€30,000" for "£10,000",
(b) in subsection (4), by the insertion of "to the acceptance by a registered society of any monies advanced by a public body," after "bank,", and
(c) by the insertion of the following new subsections after subsection (4):
"(5) In this section 'public body' means -
(a) a Minister of the Government or a Department of State,
(b) a local authority, within the meaning of the Local Government Act 2001,
(c) a body established by any enactment (other than the Companies Acts), or
(d) a body established under the Companies Acts in pursuance of powers conferred by or under another enactment, and financed wholly or partly, whether directly or indirectly, by means of moneys provided, or loans made or guaranteed, by a Minister of the Government or the issue of shares held by or on behalf of a Minister of the Government.
(6) In subsection (5)
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