Telephone Capital Act, 1977

Further issue for development of telephone system.

1.—In addition to the moneys authorised by the Telephone Capital Acts, 1924 to 1973, the Minister for Finance may issue out of the Central Fund or the growing produce thereof such sums not exceeding in the whole the sum of three hundred and fifty million pounds as have been or may be required by the Minister for Posts and Telegraphs for the purposes of developing the public telephone system according to estimates approved by the Minister for Finance.