National College of Art and Design Act, 1971

Grants to An Bord.

14.—(1) There may, subject to such conditions, if any, as the Minister thinks proper, be paid to An Bord in each financial year out of moneys provided by the Oireachtas a grant or grants of such amount or amounts as the Minister, with the consent of the Minister for Finance and after consultation with An Bord in relation to its programme of expenditure for that year, may fix.

(2) An Bord shall submit to the Minister an estimate of its financial requirements for every financial year.

(3) Whenever and for so long as the College stands designated as an institution of higher education under the Higher Education Authority Act, 1971 , this section and section 16 (2) of this Act shall cease to have effect.