Trade and Marketing Promotion Act, 1991

Increase of non-repayable grants to Board.

8.—The aggregate amount of the sums which the Minister with the consent of the Minister for Finance may pay to the Board 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 £400,000,000 and, accordingly, section 16 (1) of the Export Promotion Act, 1959 , as amended, shall be construed as if that sum were substituted for the sum mentioned therein.