# Development of Tourism Act 1969, Section 20: Financial provisions.


(1) The relevant Minister may pay to a Tourist Board such sums in respect of its expenditure as he may with the consent of the Treasury determine.
(2) Any sums required by a relevant Minister for making payments under subsection (1) of this section and any other expenses of a relevant Minister under this Act shall be defrayed out of moneys provided by Parliament.
(3) Any sums received by a Tourist Board—
(a) in repayment of, or as interest on, any loan made by it under this Act;
(b) in repayment of any grant made by it under this Act; or
(c) as dividend on, or otherwise in respect of, any shares or stock acquired by it under this Act,
shall be paid to the relevant Minister.
(4) Any sums received by a relevant Minister under subsection (3) of this section shall be paid into the Consolidated Fund.

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Source: https://www.legislation.gov.uk/ukpga/1969/51/section/20 (the official version)
Page: https://openlegislation.uk/development-of-tourism-act-1969/section-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.