Employment Guarantee Fund (Amendment) Act, 1981

Amendment of section 4 (1) of Act of 1980.

2.—Section 4 (1) of the Act of 1980 is hereby amended by the substitution of“£20,000,000” for “£10,000,000” and that section, as so amended, is set out in the Table to this section.

TABLE

4.—(1) The Fund shall consist of—

(a) the proceeds of the employer's employment surcharge, and

(b) an amount not exceeding £20,000,000 (including moneys already paid into the Employment Guarantee Fund grant-in-aid account) out of moneys provided by the Oireachtas.