Broadcasting Authority Act, 1960

Annual amounts to be paid to Authority by Minister.

22.—(1) Subject to subsection (2) of this section, the Minister, with the approval of the Minister for Finance, may, in respect of each of the five consecutive financial years beginning with that in which the establishment day occurs, pay to the Authority out of moneys provided by the Oireachtas—

(a) an amount equal to the total of the receipts in that year in respect of broadcasting licence fees less—

(i) any expenses certified by the Minister as having been incurred by him in that year in relation to the collection of those fees, and

(ii) any expenses certified by the Minister as having been incurred by him in that year in respect of the performance of his functions under sections 12 and 12A of the Act of 1926 in relation to interfering with or injuriously affecting wireless telegraphy apparatus for receiving only, and

(b) such further amount as the Minister considers reasonable.

(2) The total of the amounts paid pursuant to paragraph (b) of subsection (1) of this section shall not exceed five hundred thousand pounds.