Tony Killeen (Clare, Fianna Fail)

This Bill proposes to amend section 24(1)(b) of the Forestry Act 1988, which provides for borrowings by Coillte Teoranta for capital purposes including working capital.

Section 1 provides for an increase in Coillte Teoranta's statutory borrowing limit from IR£80 million - which is now approximately €101.5 million - to €400 million.

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