Dairy Produce (Price Stabilisation) Act, 1932

PART VIII.

Financial Provisions.

The butter fund.

41.—(1) The Minister shall keep a separate capital fund to be called the butter fund and shall maintain and manage such fund in accordance with this Act.

(2) All moneys received by the Minister under this Act by way of levy on butter shall be paid by the Minister into the butter fund.

(3) No moneys shall be paid out of the butter fund except—

(a) moneys required for the payment of bounties under this Act;

(b) moneys required for the payment of a refund under the provisions of this Act relating to refund of levies on farm butter;

(c) any other moneys required by this Act to be paid out of the butter fund.

(4) Whenever during any financial year the moneys for the time being standing to the credit of the butter fund are insufficient to meet any payments required to be made thereout, the Minister shall pay into the butter fund out of moneys provided by the Oireachtas such sums as may be necessary to meet the deficiency.

(5) Any moneys paid into the butter fund under the next preceding sub-section in any financial year shall not later than the expiration of such financial year be paid out of the butter fund into the Exchequer in such manner as the Minister for Finance may direct.