Export Promotion (Amendment) Act, 1977

Increase of non-repayable grants to Córas Tráchtála.

1.—The aggregate amount of the sums which the Minister for Industry, Commerce and Energy, with the consent of the Minister for Finance, may pay to Córas Tráchtála for the purpose of enabling it to exercise or perform its functions (excluding any sum paid to it under section 4 of the Export Promotion (Amendment) Act, 1963 ) shall not exceed forty-five million pounds and, accordingly, section 16 (1) of the Export Promotion Act, 1959 , shall be construed as if that sum were substituted for the sum mentioned therein.