Undeveloped Areas (Amendment) Act, 1957

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Grants by the Minister after expiry of Principal Act.

3.—(1) Where a grant which the Board have decided to make under the Principal Act remains unpaid in whole or in part on the expiry of the Principal Act, the Minister shall make the grant or the unpaid part thereof on the terms which were determined by the Board.

(2) Grants under this section shall be made out of moneys provided by the Oireachtas.

(3) The total of the grants made by the Board under the Principal Act and by the Minister under this Act shall not exceed four million pounds.