Housing Finance Agency (Amendment) Act, 1988

Amendment of section 14 of Principal Act.

4.—The Principal Act is hereby amended by the substitution for section 14 of the following section:

“14.—(1) The Agency, in performing its functions, shall secure that, having regard to any contribution which may be made by the Minister under subsection (2) of this section, and taking one year with another, all its costs are met from its operations.

(2) The Minister may, with the consent of the Minister for Finance, make, out of moneys provided by the Oireachtas, a contribution towards the costs of the Agency.

(3) This section shall be deemed to have come into operation on the 1st day of December, 1986.”.