Turf Development Act, 1946

PART IV.

Financial Provisions.

Grant to the Board in respect of expenses of experimental and research work.

52.—(1) In the financial year current at the establishment date and in each of the nine subsequent financial years, the Minister may, out of moneys provided by the Oireachtas, pay, subject to the limitation imposed by subsection (2) of this section to the Board a grant, towards the expenses incurred by the Board under section 19 (which relates to experimental and research work by the Board in relation to turf and turf products) of this Act, of such amount as the Minister, with the consent of the Minister for Finance, may fix.

(2) The total amount of grants to be made under this section shall not exceed the sum of one hundred and twenty thousand pounds.

(3) Any grants made under this section shall be applied by the Board solely towards defraying expenses incurred by the Board under section 19 of this Act.