TRAFFIC ACT, 1972

Increase of non-repayable grants to Bord Fáilte Éireann.

Increase of non-repayable grants to Bord Fáilte Éireann.

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1.—(1) The aggregate amount of the sums that the Minister for Transport and Power may pay to Bord Fáilte Éireann for the development of major tourist resorts shall not exceed £4,000,000 and, accordingly, section 2 (1) (a) of the Tourist Traffic Act, 1959, shall be construed as if that sum were substituted for the sum of £3,250,000 mentioned therein and inserted by section 6 (1) (a) of the Tourist Traffic Act, 1966.

(2) The aggregate amount of the sums that the Minister for Transport and Power may pay to Bord Fáilte Éireann for the purpose of the giving of grants by Bord Fáilte Éireann for the development of holiday accommodation shall not exceed £13,000,000 and, accordingly, section 2 (1) (b) of the Tourist Traffic Act, 1959, shall be construed as if that sum were substituted for the sum of £11,000,000 mentioned therein and inserted by section 2 of the Tourist Traffic Act, 1970.

Short title and collective citation.

Short title and collective citation.

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2.—(1) This Act may be cited as the Tourist Traffic Act, 1972.

(2) The Tourist Traffic Acts, 1939 to 1970, and this Act may be cited together as the Tourist Traffic Acts, 1939 to 1972.