Electricity (Finance) Act, 1929
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Amendment of section 12 of the Electricity (Supply) Act, 1927. |
2.— Section 12 of the Electricity (Supply) Act, 1927 (No. 27 of 1927), shall be construed and have effect as if the following sub-section were inserted therein in lieu of sub-section (2) now contained therein, that is to say:— | |
“(2) The total amount of the sums advanced to the Board under this section to meet the liability of the Board under this Act in respect of interest and arrears of interest on sums advanced out of the Central Fund under the Shannon Electricity Act, 1925 (No. 26 of 1925), to the separate fund established under section 11 of that Act and the expenses incurred by the Board in the operation, maintenance, and repair of the Shannon works under this Act shall not exceed the sum of one hundred and fifty-six thousand pounds.” |