Telephone Capital Act, 1924

Statements and accounts to be laid before the Oireachtas.

4.—(1) Within six months after the passing of this Act, the Minister for Posts and Telegraphs shall lay before each House of the Oireachtas a statement of account in a form to be prescribed by the Minister for Finance showing the income and expenditure in respect of the telephone service during the financial year ended on the 31st day of March, 1923.

(2) On or before the 30th day of November in the year 1924, and every subsequent year the Minister for Posts and Telegraphs shall lay before each House of the Oireachtas—

(a) a statement showing the amount expended during the previous financial year on account of the annual charge in respect of terminable annuities created or deemed by this Act to have been created under the authority of this Act, and

(b) a statement of account in a form to be prescribed by the Minister for Finance showing the income and expenditure in respect of the telephone service during the previous financial year.

(3) If the Oireachtas shall not be sitting at the expiration of any time within which a statement or account is by this section required to be laid before it, such time shall be extended to the end of one week after the commencement of the next session of the Oireachtas.