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DEVELOPMENT OF TOURIST TRAFFIC ACT (NORTHERN IRELAND) 1948 - SECT 7

Annual grant to the Board.

7.(1) Subject to the provisions of this section there shall in each
financial year be paid to the Board by the Ministry out of moneys provided by
Parliament a grant towards the expenditure properly incurred or to be incurred
by the Board in that year.

(2) The amount of the grant payable by the Ministry under the last preceding
sub-section in respect of any financial year shall be such as the Ministry
with the approval of the Ministry of Finance may think proper,....

[(3) Notwithstanding anything in sub-section (1) of this section, the Board
may, with the approval of the Ministry, establish reserve funds for such
general or special purposes as the Board may think proper.]

© 1948 Crown Copyright

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