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National Stud Act, 1945
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Special schemes for the improvement of thoroughbred horse breeding.

30.—(1) The Company may, with the approval of the Minister for Agriculture, given after consultation with the Minister for Finance, put into operation special schemes for the improvement of thoroughbred horse breeding.

(2) The Minister for Agriculture may, with the consent of the Minister for Finance, pay to the Company from time to time, out of moneys provided by the Oireachtas, such sums as the Minister for Agriculture shall think proper towards defraying the cost of the operation of schemes under subsection (1) of this section.

(3) All sums paid to the Company under subsection (2) of this section shall be expended by the Company exclusively in defraying expenses incurred in connection with the operation of schemes under subsection (1) of this section.