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Minister may purchase, manufacture or promote manufacture of building materials, etc.
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16.—(1) The Minister may whenever, after consultation with the Minister for Industry and Commerce, it appears to him expedient so to do for the purpose of facilitating the building, reconstruction or repair of houses (including as well houses to which this Act does not apply as houses to which it does apply) in Saorstát Eireann or any part thereof, purchase, manufacture, store, transport, and sell any materials or appliances ordinarily used in the building of houses, or promote in such manner and by such means as to him shall seem proper, the manufacture of such materials and appliances in Saorstát Eireann.
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(2) All materials and appliances purchased or manufactured by the Minister under this section shall be sold by the Minister to persons in Saorstát Eireann at a price (in the case of purchased materials or appliances) equal to the total of the price paid by the Minister, all transport and storage charges actually incurred by him, and five per cent. of the price paid by him, or (in case of manufactured materials or appliances) equal to the total of the net cost of the manufacture (including overhead charges and depreciation) thereof by the Minister, all transport and storage charges actually incurred, and five per cent. of the net cost aforesaid.
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(3) The expenses incurred in the purchase or manufacture, the promotion of the manufacture, storage, transport, and sale of materials and appliances under this section shall, to such extent as shall be sanctioned by the Minister for Finance, be paid out of moneys provided by the Oireachtas, and the proceeds of the sale of all such materials and appliances shall be paid into the Exchequer.
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