Export Promotion (Amendment) Act, 1963

Disposal of rents and certain other payments received by Board.

5.—(1) Rents and any other payments received by the Board in respect of the disposal under section 3 of this Act of an estate or interest in premises in relation to which a guarantee under section 4 of this Act is in force shall be paid into an account which is separate from the Board's other accounts and moneys standing in that account shall not be used by the Board other than for the making of payments in relation to the premises (including payments by the Board under section 4 of this Act).

(2) Whenever the Minister so directs, the Board shall pay to the Minister, out of moneys standing in the account kept under this section, such sum as the Minister may specify and any sum so paid to the Minister shall be paid into or disposed of for the benefit of the Exchequer.