Dundalk Harbour and Port Act, 1925

Minister for Industry and Commerce may revise rates.

54.—(1) The Commissioners shall so adjust the scales of all rates, rents, tolls and duties leviable by them under this Act that the annual income derived by them from such rates, rents, tolls and duties shall be sufficient and not more than sufficient to meet their annual expenditure under this Act.

(2) If at any time it appears to the Minister for Industry and Commerce—

(a) from the annual Account furnished to him by the Commissioners under this Act, or

(b) upon investigation by him after representations made in that behalf by the Commissioners, or by a Chamber of Commerce or any ship-owner or shipping company or other person concerned,

that the amount of the annual income derived by the Commissioners from the rates, rents, tolls and duties payable to them under this Act calculated on the average of the then three last preceding years is either insufficient or excessive for the purpose of meeting the annual expenditure of the Commissioners under this Act calculated on the average of the three years aforesaid, the Minister for Industry and Commerce may by order modify the scale of rates set out in Schedule “A” of this Act and any scale of tolls, rents or duties fixed by the Commissioners under this Act so that the amount of the annual income derived from such rates, rents, tolls and duties shall be sufficient and not more than sufficient to meet the annual expenditure of the Commissioners under this Act.