Transport Act, 1981

Advances to Board by Minister for Finance for capital purposes.

3.—The following is substituted for section 4 (1) of the Act of 1964 (inserted by the Act of 1974):

“(1) The Minister for Finance may, on the recommendation of the Minister, advance from time to time to the Board such sums (not exceeding in the aggregate £180,000,000) as he thinks proper towards the cost of defraying expenditure incurred by the Board which is properly chargeable to capital.”.