—I move:
Go ndeontar suim Bhreise ná raghaidh thar £10 chun íoctha an Mhuirir a thiocfaidh chun bheith iníoctha i rith na bliana dar críoch an 31adh lá de Mhárta, 1938, chun íocaíocht i dtaobh mille no díobháil do Mhaoin (Uimh. 15 de 1923; Uimh. 19 de 1926; Uimh. 35 de 1933; Uimh. 18 de 1937; a 17; agus ar shlite eile).
That a Supplementary sum not exceeding £10 be granted to defray the charge which will come in course of payment during the year ending on the 31st day of March, 1938, for payments in respect of destruction of or injuries to property (No. 15 of 1923; No. 19 of 1926; No. 35 of 1933; No. 18 of 1937, Section 17; and otherwise).
This Supplementary Estimate for a token sum of £10 is rendered necessary on account of Section 17 of the Finance Act of this year, which empowers the Minister for Finance, when he thinks proper, to pay in money, out of moneys provided by the Oireachtas, any compensation, or other sum, which he is required, or authorised by the Compensation (Damage to Property) Acts, to pay by the issue of securities. The object of the section is to enable compensation awards to be discharged in cash, instead of partly in cash and partly in stock, as has hitherto been the case. The original Vote for property losses compensation for the current year would not cover the payment in cash which previously fell to be made in stock, and, therefore, this supplementary token Estimate is necessary It is not anticipated that the total payments which will fall in the course of the present year will exceed £1,550, and as against that there are anticipated savings on other sub-heads of £1,490, which reduces the amount required to a net sum of £10.