National Cultural Institutions Act, 1997
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Indemnities in respect of cultural objects on loan. |
43.—(1) Subject to the subsequent provisions of this section, the Minister may, with the consent of the Minister for Finance, in such cases and to such extent as the Minister may determine, undertake to indemnify any person for the loss of, or damage to, a cultural object kept outside the State while that object is on loan to an institution specified in the Second Schedule from a person resident outside the State for the purpose of public exhibition in an authorised area of the institution: | |
Provided that the Minister is of opinion that the public exhibition of the object will contribute materially to public understanding or appreciation of art and culture and the value of the object is shown to the satisfaction of the Minister to have been agreed on between the institution and the lender. | ||
(2) References in this section to the loss of, or damage to, an object while on loan include references to the loss of, or damage to, the object while being taken to or returned from the place where it is to be exhibited while on loan. |