Horse Industry Act, 1970
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Grants to Board. |
13.—(1) Subject to subsection (2) of this section, there may, subject to such conditions, if any, as the Minister thinks proper, be paid to the Board in each financial year out of moneys provided by the Oireachtas a grant or grants of such amount or amounts as the Minister, with the consent of the Minister for Finance and after consultation with the Board in relation to its programme of expenditure for that year, may fix. | |
(2) In fixing the amount of a grant under this section in respect of any year regard shall be had to the amount of the Board's income (excluding any income under this section or section 14 (c) of this Act) in that year, and, if the amount of the income exceeds such amount as may be determined by the Minister, with the consent of the Minister for Finance, the amount of the grant shall be increased by such amount (if any) as the Minister, with the consent of the Minister for Finance, may fix. |