Telecommunications Capital Act, 1981

Further issue for development of telecommunications system.

1.—In addition to the moneys authorised by the Telephone Capital Acts, 1924 to 1977, for the purposes of developing the public telephone system, 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 telecommunications system according to estimates approved by the Minister for Finance.