New Universities (Acquisition of Land) Act (Northern Ireland) 1966

2Contributions towards expenditure under section 1.N.I.

(1)Any [F1 district council] may, subject to the approval of the Ministry, agree to make a payment or payments towards the expenditure incurred by a [F1 district council] under section 1.

(2)Any agreement made under subsection (1) shall provide that any payment made by a [F1 district council] pursuant to that agreement shall be calculated by reference to the net annual value of the [F1 district of that district council] and to the total net annual value of the [F1 districts] of—

(a)all the [F1 district councils] making payments pursuant to that agreement; and

(b)the [F1 district council] incurring expenditure under section 1.

F1SRO (NI) 1973/302