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Refund to local authority where compensation exceeds certain produce of rates.
[New]
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20.—(1) Where the cost to a local authority of compensation under this Act exceeds the produce of a rate of twenty pence in the pound in any local financial year, the amount of the excess shall be refunded by the Minister for the Environment to the local authority out of moneys provided by the Oireachtas.
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(2) The Minister for Finance, after consultation with the Minister for the Environment, may, whenever and so often as he thinks proper so to do, by order vary the rate in the pound provided for by subsection (1) or by an order for the time being in force under this subsection.
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