Transport Act, 1974
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Advances to Board by Minister for Finance for capital purposes. |
3.—Subsection (1) of section 4 of the Act of 1964 is hereby amended by the substitution of “£55,000,000” for “seventeen million pounds” (inserted by the Transport Act, 1969 ), and, accordingly, that subsection shall have effect as set out in the Table to this section. | |
TABLE | ||
(1) The Minister for Finance may, on the recommendation of the Minister, advance from time to time to the Board such sums (not exceeding in the aggregate £55,000,000) as he thinks proper towards the cost of defraying expenditure incurred by the Board which is properly chargeable to capital. |