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Functions of the Board.
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5.—The functions of the Board shall be the financing of studies, research, instruction, teaching, lecturing and other educational activities—
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(a) of Irish citizens in schools, universities, institutions of higher learning and other suitable institutions located in the United States of America, and American schools and suitable American institutions located elsewhere,
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(b) of citizens of the United States of America in schools, universities, institutions of higher learning and other suitable institutions located in the State,
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and, in co-operation with the United States Board of Foreign Scholarships, the selecting of students, professors, teachers, research scholars and other suitable persons for that purpose.
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