19Moneys expended after year in which they are paid to State

19 Moneys expended after year in which they are paid to State

(1) Where moneys that are paid to a State under section 8 in a year: (a) are set aside by the State in that year for expenditure in accordance with this Act; and (b) are expended by the State during the period of 6 months immediately following the expiration of that year, or within such further period as the Minister for Finance approves; those moneys shall, for the purposes of section 9, be deemed to have been expended by the State during that year. (2) Where moneys that are paid to a State under section 10 or 15 in a year: (a) are set aside by the State in that year for expenditure in accordance with this Act; and (b) are expended by the State during the period of 6 months immediately following the expiration of that year, or within such further period as the Minister for Finance approves; those moneys shall, for the purposes of section 11 or 16, as the case may be, be deemed to have been expended by the State during that year.