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Amendment of section 26 of Principal Act.
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7.—Section 26 of the Principal Act (which provides for repayable advances to the Board out of the Central Fund) is hereby amended—
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(i) by the substitution in subsection (1) of “two million pounds” for “five hundred thousand pounds”, and
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(ii) by the insertion in subsection (2) after “this Act” of the following :
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“; provided, however,—
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(a) that any sum so advanced before the 1st day of April, 1965, shall be deemed to have ceased on that date to be so repayable, and
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(b) that any sum so advanced after the 1st day of April, 1965, shall not be so repayable (and sections 28 and 29 of this Act shall not apply in relation to it) until such date as the Minister for Finance, after consultation with the Minister, shall determine”.
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