Air Navigation and Transport Act, 1950


Payment of subsidies to Aer Rianta, Teoranta.

Payment of subsidies to Aer Rianta, Teoranta.

25.—(1) (a) The Minister for Finance may from time to time by order authorise the payment of subsidies to Aer Rianta, Teoranta, on such terms and conditions as may be specified in the order but no such order may be made after the expiration of five years from the passing of this Act.

(b) Every order made under this subsection shall be laid before each House of the Oireachtas as soon as may be after it is made, and if a resolution annulling such order is passed by either such House within the next subsequent twenty-one days on which such House has sat after such order is laid before it, such order shall be annulled accordingly but without prejudice to the validity of anything previously done under such order.

(2) Any moneys required for the payment of subsidies under this section shall be paid out of moneys provided, whether before or after the passing of this Act, by the Oireachtas.