Electricity (Supply) (Amendment) Act, 1971

Advances to Board for rural electrification.

1.—(1) The Minister for Finance may, on the recommendation of the Minister, advance moneys to the Board out of the Central Fund or the growing produce thereof for the electrification of rural areas.

(2) The total amount advanced to the Board under this section shall not exceed ten million pounds.

(3) The moneys advanced to the Board under this section by the Minister for Finance shall be repaid to the Central Fund out of moneys provided by the Oireachtas at such time or times as the Minister for Finance shall direct.