Electricity (Supply) (Amendment) (No. 2) Act, 1934

Grants by the Minister for Finance.

16.—(1) The Minister for Finance may, as and when requested so to do by the Board, make out of moneys provided by the Oireachtas grants to the Board of such sums (not exceeding in the aggregate the total amount hereinafter mentioned) as the Minister for Industry and Commerce shall from time to time certify to be reasonably and properly required by the Board for any particular purpose to which such grants are applicable under this section.

(2) The total amount of the grants which may be made to the Board under this section shall not exceed the sum of ninety-three thousand pounds.

(3) Every grant made by the Minister for Finance under this section shall be applied by the Board for such of the following purposes as is specified in the relevant certificate of the Minister for Industry and Commerce, that is to say, the execution of the scheduled works or the doing of any other thing which the Board is authorised by this Part of this Act to do.