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Capital grants to-sound broadcasting contractors.
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59.—(1) The Commission shall, as soon as may be after the commencement of this section, prepare a scheme providing for the grant by it of such an amount of moneys, if any, as it considers appropriate to each relevant sound broadcasting contractor for the purposes of defraying capital expenditure incurred by the contractor in connection with the transmission by it of a sound broadcasting service.
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(2) A scheme under subsection (1) shall—
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(a) provide for the making of applications to the Commission by relevant sound broadcasting contractors for the grant, under the scheme, of moneys to them,
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(b) provide that the Commission, in considering any such application, shall have regard to—
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(i) any difficulty the applicant has experienced in providing a sound broadcasting service in the area to which his or her sound broadcasting contract relates,
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(ii) the financial resources available to the applicant for the purposes of providing such a service,
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(iii) the improvement (if any) in the quality of the service concerned that has resulted or, as the case may be, is likely to result by reason of the capital expenditure, the subject of the application, being incurred.
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(3) The Minister, with the consent of the Minister for Finance, may pay to the Commission such amounts as he or she determines to be reasonable for the purposes of the making by the Commission of grants of moneys under a scheme under subsection (1).
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(4) The aggregate of the amounts paid under subsection (3) to the Commission shall not exceed £500,000.
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(5) In this section “relevant sound broadcasting contractor” means a sound broadcasting contractor whose sound broadcasting contract authorises the provision of a sound broadcasting service in a specified part only of the State or to a local community that is readily identifiable.
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