National Stud (Amendment) Act, 1993

Amendment of section 4 of Act of 1976.

4.—Section 4 of the Act of 1976 is hereby amended by the substitution of the following section therefor:

“4.—(1) There shall be paid by the Board to its officers and servants such remuneration and allowances for expenses as the Board thinks fit, subject to, in the case of its chief officer (whether he is so described or otherwise), the approval of the Minister given with the consent of the Minister for Finance.

(2) In determining the remuneration or allowances for expenses to be paid to its officers or servants or the terms or conditions subject to which such officers or servants hold or are to hold their employment, the Board shall have regard either to Government or nationally agreed guidelines which are for the time being extant, or to Government policy concerning remuneration and conditions of employment which is so extant, and, in addition to the foregoing, the Board shall comply with any directives with regard to such remuneration, allowances, terms or conditions which the Minister may give from time to time to the Board with the consent of the Minister for Finance.”.