Tourist Traffic Act, 1961

Non-repayable grants.

2.—(1) The Minister for Industry and Commerce, with the consent of the Minister for Finance, may, from time to time, pay to the Board out of moneys provided by the Oireachtas such sums, not exceeding in the aggregate five million pounds, as the Board shall require.

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

(3) Any moneys provided by the Oireachtas or paid to the Board under section 7 of the Tourist Traffic Act, 1955 , in the year beginning on the 1st day of April, 1961, shall be deemed to have been provided or paid, as the case may be, under this section.

(4) Sums payable under this section to the Board are in addition to sums payable to the Board under section 2 of the Tourist Traffic Act, 1959 .