Exported Live Stock (Insurance) Act, 1984
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Advice to Minister regarding disposal of moneys remaining in Fund. |
6.—(1) The National Executive shall, if required so to do by the Minister, as soon as may be, advise the Minister as to how any moneys shown by the account referred to in section 5 of this Act to remain in the Fund should be disposed of. | |
(2) (a) If the Minister accepts advice given to him by the National Executive under this section, he shall direct the Board to dispose of the moneys referred to in subsection (1) of this section in accordance with that advice. | ||
(b) In case the Minister either— | ||
(i) does not accept advice given to him by the National Executive under this section, or | ||
(ii) does not request the National Executive to give such advice, | ||
the moneys referred to in subsection (1) shall be disposed of by the Board in such manner as the Minister shall direct. | ||
(3) The Board shall comply with the direction given by the Minister under this section and neither anything in the Exported Live Stock (Insurance) Acts, 1940 to 1950, nor any rule of law shall be construed as operating to prevent the Board's compliance with the direction. |