Development of Tourism Act 1969
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Change 1
20 Financial provisions.
(1) The relevant Minister may pay to a Tourist Board such sums in respect of its expenditure as he may with the consent of the Treasury determine. (2) Any sums required by a relevant Minister for making payments under subsection (1) of this section and any other expenses of a relevant Minister under this Act shall be defrayed out of moneys provided by Parliament. (3) Any sums received by a Tourist Board— (a) in repayment of, or as interest on, any loan made by it under this Act; (b) in repayment of any grant made by it under this Act; or (c) as dividend on, or otherwise in respect of, any shares or stock acquired by it under this Act, shall be paid to the relevant Minister. (4) Any sums received by a relevant Minister under subsection (3) of this section shall be paid into the Consolidated Fund.
20 Financial provisions.
(1) The relevant Minister may pay to a Tourist Board such sums in respect of its expenditure as he may with the consent of the Treasury determine. (2) Any sums required by a relevant Minister for making payments under subsection (1) of this section and any other expenses of a relevant Minister under this Act shall be defrayed out of moneys provided by Parliament. (3) Any sums received by a Tourist Board— (a) in repayment of, or as interest on, any loan made by it under this Act; (b) in repayment of any grant made by it under this Act; or (c) as dividend on, or otherwise in respect of, any shares or stock acquired by it under this Act, shall be paid to the relevant Minister. (4) Any sums received by a relevant Minister under subsection (3) of this section shall be paid into the Consolidated Fund.
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