Shannon Free Airport Development Company Limited Act, 1959

Grants to the Company.

8.—(1) The Minister, with the consent of the Minister for Finance, may, out of moneys provided by the Oireachtas, make grants to the Company—

(a) to enable the Company to do such things as are calculated either directly or indirectly to encourage or facilitate the establishment and carrying on of commercial, industrial and trading enterprises at the airport, and

(b) to meet the running expenses of the Company.

(2) The aggregate amount of grants under this section shall not exceed five hundred thousand pounds.