Industrial Development Authority Act, 1950

Annual grant.

7.—In the financial year current at the passing of this Act and in every subsequent financial year, there shall be paid to the Authority out of moneys provided by the Oireachtas a grant of such amount as the Minister, with the consent of the Minister for Finance, may determine for defraying the remuneration of the members and such expenses, incident to their work, as the members in their sole discretion consider necessary to enable them to discharge their functions.