Electricity (Supply) (Amendment) Act, 1988

Payments by Board to Minister for the Environment.

8.—(1) The Board shall pay to the Minister for the Environment, for each year beginning with the year 1988, such sum as the Government may determine.

(2) A payment under this section shall be made in three equal instalments, an instalment being payable not later than the 1st day of May (or, in the year 1988, the 1st day of August), the 1st day of September and the 1st day of November in each year.

(3) A payment under this section shall be regarded as an outgoing properly chargeable to the income of the Board for the purposes of section 21 of the Principal Act.