|
Compensation annuities.
|
47.—(1) Every sum advanced and paid by the Minister for Finance to a compensation fund pursuant to a requisition by the treasurer under this Part of this Act shall be repaid to the Exchequer by means of a terminable annuity (in this Part of this Act called a compensation annuity) calculated at the rate of seven pounds and ten shillings for every one hundred pounds of the sum so advanced and paid and so in proportion for any less sum and payable out of the licensing area to which the said compensation fund relates by the persons, at the times, and in the manner appointed by this Part of this Act.
|