43 Payment out of General Lighthouse Fund of certain expenses of Secretary of State.U.K.
The following sections shall be inserted after section 2 of the M1Merchant Shipping (Mercantile Marine Fund) Act 1898—
“2A Payment out of Fund of Secretary of State’s expenses relating to certain navigational aids.
(1)There shall be paid out of the General Lighthouse Fund—
(a)any expenses (whether of a capital nature or not) incurred by the Secretary of State in pursuance of any international agreement relating to the provision of an electronic position-fixing system which is intended as an aid to the navigation of ships ; and
(b)any expenses incurred by the Secretary of State preliminary to his entering into any such agreement.
(2)Any sums received by the Secretary of State in pursuance of any such agreement in respect of—
(a)expenses incurred by him as mentioned in subsection (1)(a) of this section, or
(b)expenses incurred by any of the general lighthouse authorities which, by virtue of any enactment, are payable out of the General Lighthouse Fund,
shall be paid into the Fund.
2B Payment out of Fund of administrative expenses of Secretary of State.
There shall be paid out of the General Lighthouse Fund such sums as the Secretary of State may determine for the purposes of this section, being sums which appear to him to represent the amount or estimated amount of any expenses incurred or likely to be incurred by him in connection with the administration of the Fund.”
Marginal Citations