Shannon Free Airport Development Company Limited (Amendment) Act, 1961

Advances to the Company out of the Central Fund.

4.—(1) The Minister for Finance may from time to time, subject to the provisions of this section, make advances to the Company out of the Central Fund or the growing produce thereof to meet one-half of the expenditure by the Company on the provision of dwellings for workers employed on the industrial estate established at the airport.

(2) For the purposes of this section the amount of the expenditure of the Company on the provision of workers' dwellings shall be calculated after deduction of the amount of any grants received by the Company under the Housing Acts in respect of the provision of such dwellings.

(3) The aggregate amount of advances under this section shall not exceed four hundred thousand pounds.