Radio and Television Act, 1988

Amounts to be paid to Commission by Minister.

20.—(1) The Minister, with the approval of the Minister for Finance, may in respect of each of the two consecutive financial years beginning with that in which the establishment day occurs, pay to the Commission such amount as he considers reasonable in respect of its initial expenses.

(2) The total of the amounts paid pursuant to subsection (1) shall not exceed £500,000.

(3) The amounts paid to the Commission pursuant to subsection (1) in respect of a year to which that subsection relates shall be deducted from the receipts in that year in respect of wired broadcast relay licence fees and section 8 (b) of the Broadcasting Authority (Amendment) Act, 1976, which provides for payment of money out of such receipts to Radio Telefís Éireann, shall be modified accordingly.