Industrial Research and Standards (Amendment) Act, 1954

Annual grant.

11.—(1) In each financial year the Minister, with the consent of the Minister for Finance, may pay to the Institute out of moneys provided by the Oireachtas such sums not exceeding in the aggregate thirty-five thousand pounds in any one financial year, as the Institute may from time to time require.

(2) The provision made by this section is in lieu of the provision made by subsection (1) of section 34 of the Act of 1946.