Tourist Traffic Act, 1952

Non-repayable grant.

10.—(1) In each financial year the Minister, with the consent of the Minister for Finance, may pay to the Board out of moneys provided by the Oireachtas such sums, not exceeding in the aggregate two hundred and fifty thousand pounds in any one financial year, as the Board shall from time to time require.

(2) In respect of the financial year ended on the 31st day of March, 1952, the Minister for Finance, on the recommendation of the Minister, may pay to the Board out of moneys provided by the Oireachtas such sums, not exceeding in the aggregate twenty-seven thousand pounds, as the Board shall require in addition to the sums provided under section 15 of the Act of 1939.

(3) Sums paid under this section shall not be repayable.