Turf Development Act, 1968

Deferment of repayment of advances to Board.

3.—(1) The Minister for Finance may, after consultation with the Minister in respect of each year of the four-year period commencing on the 1st day of April, 1967, and subject to such terms and conditions as the Minister for Finance may determine after such consultation by order permit the deferment by the Board for such period as is specified in the order (not being a period ending after the 31st day of March, 1971) of payment of all of the moneys due by the Board in repayment of sums advanced to the Board under section 53 of the Act of 1946 or such part of those moneys as is specified in the order.

(2) The Minister for Finance may, after consultation with the Minister, by order amend or revoke an order under this section.