Disposal by vocational education committees of surplus land.
2.—(1) A vocational education committee may, with the consent of the Minister for Education, sell or let any land which is vested in such committee.
(2) All moneys received by a vocational education committee on a sale under this section or by way of fine on a letting under this section shall in the first instance be applied towards the payment of any principal moneys which are charged on the vocational education fund maintained by such committee, and the balance (if any) of such moneys remaining shall be paid into such fund.
(3) Any moneys received by a vocational education committee by way of rent on a letting made under this section shall be paid into the vocational education fund maintained by such committee.
(4) Sub-section (1) of this section shall have and be deemed to have had effect as from the 21st day of July, 1930.
