Turf Development Act, 1981

Amendment of section 53 (1) of Principal Act.

13.—Subsection (1) (inserted by section 1 of the Turf Development Act, 1965 ) of section 53 of the Principal Act is hereby amended by the substitution of “fifty million pounds” for “twenty-eight million pounds”, and the said subsection (1), as so amended, is set out in the Table to this section.

TABLE

(1) For the purpose of enabling the Board to exercise or perform its functions, the Minister for Finance may, under this section and on the recommendation of the Minister, advance from time to time to the Board, out of the Central Fund or the growing produce thereof, such sums (not exceeding in the aggregate fifty million pounds) as the Board may from time to time request.