Part I Transport Executives
Preliminary
1 Interpretation of Part I.
In this Part of this Act—
“the Act of 1968” means the M1Transport Act 1968;
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“Executive” means—
(a)
(b)
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“revenue grants” means grants under section 13 of the Act of 1968 . . . F7 in aid of the revenues of an Executive (including grants made under F8that section in respect of reductions in fares for children) and accordingly references to the revenues of an Executive include references to sums received by way of revenue grants;
“year” means a period of twelve months beginning with 1st April.