Telephone Capital Act, 1938

Further grant for development of telephonic system.

1.—In addition to the moneys authorised by the Telephone Capital Acts, 1924 to 1936, the Minister for Finance may issue out of the Central Fund or the growing produce thereof such sums not exceeding in the whole the sum of one million pounds as have been or may be required by the Minister for Posts and Telegraphs for the purpose of developing the public telephonic system according to estimates approved by the Minister for Finance.