Coast Protection Act, 1963

Provision of moneys for carrying out scheme.

16.—The moneys necessary to defray the costs and expenses incurred in executing a coast protection scheme confirmed pursuant to this Act (including the cost of any preliminary examination made by the Commissioners, the cost of the preparation of the scheme and all compensation and other moneys payable and all incidental expenditure) shall, save as otherwise directed by this Act, be provided as follows:

(a) the Minister for Finance shall contribute, out of moneys to be provided by the Oireachtas, the amount which represents such percentage of the said moneys as is equal to the percentage shown, in the scheme as confirmed, as the percentage which the Minister for Finance is prepared to contribute,

(b) the balance shall be contributed by the promoting authority.