Telephone Capital Act, 1946

Further issue for development of telephonic system.

1.—In addition to the moneys authorised by the Telephone Capital Acts, 1924 to 1938, 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 six 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.