Electricity (Supply) (Amendment) Act, 1930

Amendment of section 12 of the Principal Act.

4.—(1) Notwithstanding anything contained in sub-section (3) of section 12 of the Principal Act as amended by the Act of 1929, the total amount of the sums advanced in any one half-year to the Board under that section as so amended for any purpose, other than to meet the liability and expenses mentioned in sub-section (2) of that section as so amended, may exceed the limit of four hundred thousand pounds imposed by the said sub-section (3) in any particular half-year in respect of which the Minister for Finance is of opinion that, owing to special circumstances affecting that half-year, it is expedient that the said limit should be exceeded.

(2) This section shall have and be deemed to have had effect as on and from the 1st day of January, 1930.