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PART III.
Miscellaneous.
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Payments from Fund for acquisition of land, etc.
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21.—(1) Payments may be made out of the Fund in respect of expenditure by the Minister on the acquisition of lands, premises, furniture or equipment or the construction or reconstruction of premises, and any such lands, premises, furniture or equipment shall be held by the Minister on behalf of the Fund.
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(2) A payment shall not be made under subsection (1) of this section on or after the 1st day of July, 1954, save with the consent of the Minister for Finance.
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(3) There shall be an investment return in respect of payments made out of the Fund under subsection (1) of this section and such return shall be in the form of contributions to the Fund in respect of the payments made out of the Fund.
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For the purposes of this subsection, the payments made out of the Fund under subsection (1) of this section shall, on the former staff of the Society being transferred to any premises acquired pursuant to that subsection, be regarded as being reduced by the value (as agreed upon between the Minister and the Minister for Finance) of the part of those premises that are occupied by the former staff of the Society.
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(4) The contributions to be made under subsection (3) of this section shall be at rates to be agreed upon from time to time between the Minister and the Minister for Finance and shall be made into the Fund out of moneys provided by the Oireachtas.
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(5) The Minister may dispose of any lands, premises, furniture or equipment which he has acquired, constructed or reconstructed under this section and any moneys which he receives in respect of any such disposal shall be paid into the Fund.
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(6) A disposal shall not be effected under subsection (5) of this section on or after the 1st day of July, 1954, save with the consent of the Minister for Finance.
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(7) In dealing at any time before the 1st day of July, 1954, with any matter arising out of any acquisition, construction or reconstruction pursuant to subsection (1) of this section or arising out of any disposal pursuant to subsection (5) of this section, it shall not be obligatory on the Minister to refer to any other Minister or obtain the consent or sanction of any other Minister.
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(8) This section shall be deemed to have come into operation on the 1st day of July, 1949.
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