Turf Development Act, 1953

Loans to the Board out of superannuation fund.

7.—The trustees of a superannuation fund set up under section 6 of this Act may from time to time lend to the Board, and the Board may borrow solely for the purposes of its functions, from such trustees, out of such fund such moneys as the trustees and the Board shall think proper and any loans so made shall be subject to such conditions as to payment of interest, repayment and otherwise as may, with the consent of the Minister for Finance, be agreed upon between the trustees and the Board before any such moneys are so lent.