Tourist Traffic Act, 1975
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Non-repayable grants to Board for tourism development. |
2.—(1) The Minister, with the consent of the Minister for Finance, may from time to time, pay to the Board, out of moneys provided by the Oireachtas, such sums, not exceeding in the aggregate £4,750,000, as the Board may require for the purpose of the giving of grants for development works, being works which— | |
(a) are capital in nature, | ||
(b) in the opinion of the Board will develop tourism, and | ||
(c) are not works for the development of holiday accommodation. | ||
(2) Any sums paid to the Board under this section shall not be used by the Board for any purpose other than that specified in subsection (1). | ||
(3) Sums paid under this section to the Board shall not be repayable. | ||
(4) Sums payable under this section to the Board are in addition to sums payable to the Board under either section 2 of the Tourist Traffic Act, 1959 , or section 2 of the Tourist Traffic Act, 1961. |