Electricity (Supply) (Amendment) Act, 1945


Advances to the Board out of the Central Fund.

Advances to the Board by the Minister for Finance.

38.—(1) In addition to the sums which the Minister for Finance is required or authorised by the Electricity (Supply) Acts, 1927 to 1942, to advance to the Board, the Minister for Finance may, on the recommendation of the Minister, advance to the Board out of the Central Fund or the growing produce thereof as and when requested by the Board so to do such sums (subject to the limitations imposed by the next following subsection of this section) as the Board may require for any purpose arising in the performance of its functions under the Electricity (Supply) Acts, 1927 to 1942, or this Act, other than purposes or functions under this Act in respect of which express provision is made by this Act for advances or grants by the Minister for Finance to the Board.

(2) The total amount of the sums advanced to the Board under the foregoing subsection of this section shall not exceed the sum of seven million, five hundred thousand pounds, and the sum so advanced for the purpose of carrying out any particular approved scheme shall not exceed the sum prescribed in that behalf by the Minister, with the consent of the Minister for Finance, by the approval order relating to that approved scheme or by a subsequent order amending in this respect such approval order.