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Dáil Éireann debate -
Tuesday, 18 Jun 1963

Vol. 203 No. 8

Committee on Finance. - Transport Bill, 1963 [Seanad] —Money Resolution.

I move

That for the purpose of any Act of the present session to make further provision in relation to transport it is expedient to authorise:—

(1) the advance out of the Central Fund or the growing produce thereof of all moneys from time to time required by the Minister for Finance—

(a) to meet sums which may become payable under any guarantee given by him under such Act, and

(b) to enable him to advance from time to time to Córas Iompair Éireann for the purpose of enabling the Board to perform its functions such sums (not exceeding in the aggregate two million pounds) as the Board may from time to time request;

(2) the charge on and payment out of the Central Fund or the growing produce thereof of the principal of and interest on any securities issued by the Minister for Finance for the purpose of borrowing under such Act and the expenses incurred in connection with the issue of such securities; and

(3) the repayment to the Central Fund out of moneys provided by the Oireachtas of advances out of that Fund or the growing produce thereof to meet sums payable under any guarantee given by the Minister for Finance under such Act which have not been duly repaid to that Fund.

Question put and agreed to.
Resolution reported and agreed to.
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