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Road Fund (Grants and Advances) (Temporary Provisions) Act, 1959

In short

This law makes temporary provisions for giving money to the Road Fund through grants and advances. It allows the Minister for Finance to provide funds for road-related purposes for a specific period.

What it regulates

Who it concerns

Key points

📄 Legal text
Road Fund (Grants and Advances) (Temporary Provisions) Act, 1959 Skip to content Disclaimer Feedback Helpdesk Gaeilge LĂ©im go dtĂ­ an t-ĂĄbhar SĂ©anadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General TĂĄirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris OifigiĂșil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile ReachtaĂ­ocht Achtanna an Oireachtais IonstraimĂ­ ReachtĂșla ReachtaĂ­ocht RĂ©amh-1922 Bunreacht AcmhainnĂ­ Seachtracha BillĂ­ (Tithe an Oireachtais) Iris OifigiĂșil Achtanna Athbhreithnithe (CAD) (An CoimisiĂșn um AthchĂłiriĂș an DlĂ­) Liosta Rangaithe ReachtaĂ­ochta AistriĂșchĂĄin (achtanna.ie) AistriĂșchĂĄin (Tithe an Oireachtais) FoilseachĂĄin Rialtais ar DĂ­ol DlĂ­ AE (EUR-Lex) CCanna (Ceisteanna Coitianta) SĂ©anadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nĂł blianta nĂł raon TypeCineĂĄl All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1959 Road Fund (Grants and Advances) (Temporary Provisions) Act, 1959 Road Fund (Grants and Advances) (Temporary Provisions) Act, 1959 Permanent Page URL View by SectionAmharc de rĂ©ir Ailt View Full ActAmharc ar an Acht IomlĂĄn Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRĂ­ arna ndĂ©anamh faoin Acht Print Full ActPriontĂĄil an tAcht IomlĂĄn Number 12 of 1959. ROAD FUND (GRANTS AND ADVANCES) (TEMPORARY PROVISIONS) ACT, 1959. ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Grants to Road Fund. 3. Advances to Road Fund. 4. Power to borrow. 5. Short title. Number 12 of 1959. ROAD FUND (GRANTS AND ADVANCES) (TEMPORARY PROVISIONS) ACT, 1959. AN ACT TO MAKE TEMPORARY PROVISIONS FOR GRANTS AND ADVANCES TO THE ROAD FUND. [16th June, 1959.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:— Interpretation. 1.—In this Act— “the Minister” means the Minister for Finance; “financial years in relation to which this Act applies” means the five consecutive financial years the first of which is the financial year ending on the 31st day of March, 1960. Grants to Road Fund. 2.—The Minister may, in each of the financial years in relation to which this Act applies, make to the Road Fund a grant not exceeding two hundred thousand pounds out of moneys provided by the Oireachtas. Advances to Road Fund. 3.—(1) The Minister may, in each of the financial years in relation to which this Act applies, make to the Road Fund an advance not exceeding two hundred thousand pounds out of the Central Fund or the growing produce thereof. (2) All sums advanced under this section, together with interest thereon at the rate fixed by the Minister, shall be charged on the Road Fund and shall be payable out of that Fund in the manner directed by the Minister. Power to borrow. 4.—(1) For the purpose of providing for advances out of the Central Fund under the foregoing section, the Minister may borrow from any person any sum or sums, and for the purpose of such borrowing he may create and issue securities bearing such rate of interest and subject to such conditions as to repayment, redemption or any other matter as he thinks fit, and shall pay the moneys so borrowed into the Exchequer. (2) The principal of and interest on any securities issued under this section and any expenses incurred in connection with the issue of such securities shall be charged on and payable out of the Central Fund or the growing produce thereof. Short title. 5.—This Act may be cited as the Road Fund (Grants and Advances) (Temporary Provisions) Act, 1959. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License RĂĄiteas PrĂ­obhĂĄideachais Inrochtaineacht AitheantĂłir Eorpach ReachtaĂ­ochta (ELI) CeadĂșnas SonraĂ­ Oscailte Liosta FianĂĄn © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. AtĂĄirgtear ĂĄbhar faoi ChĂłipcheart le cead Ăł Thithe an Oireachtais

🔗 To official source

AI explanation based on the official legal text. Indicative, not a substitute for legal advice.