1Increase of certain grants to Herring Industry Board
(1)The limit of three million pounds imposed by subsection (1) of section five of the [11 & 12 Geo. 6. c. 51.] White Fish and Herring Industries Act, 1948, upon the aggregate amount of the grants which may be made out of moneys provided by Parliament under that subsection in respect of expenses incurred by the Herring Industry Board for promoting the sale of herring and other purposes specified therein—
(a)is hereby raised to three million five hundred thousand pounds; and
(b)may, by an order made by the Ministers with the approval of the Treasury, be further raised by an amount not exceeding two hundred and fifty thousand pounds.
(2)The power conferred by paragraph (b) of the foregoing subsection shall be exercisable by statutory instrument which shall be of no effect until approved by a resolution of the Commons House of Parliament.
(3)In this section the expression " the Ministers " means the Ministers for the purposes of the said section five.