STATUTORY INSTRUMENTS.

S.I. No. 694 of 2004 .

HORSE AND GREYHOUND RACING FUND REGULATIONS 2004.

S.I. No. 694 of 2004 .

HORSE AND GREYHOUND RACING FUND REGULATIONS 2004.

I, JOHN O’DONOGHUE, Minister for Arts, Sport and Tourism, in exercise of the powers conferred on me by section 12(5) of the Horse and Greyhound Racing Act 2001 (No. 20 of 2001) and the Horse and Greyhound Racing (Transfer of Departmental Administration and Ministerial Functions) Order 2002 ( S.I. No. 297 of 2002 ) (as adapted by the Tourism, Sport and Recreation (Alteration of Name of Department and Title of Minister) Order 2002 ( S.I. No. 309 of 2002 )), with the consent of the Minister for Finance, hereby make the following regulations with respect to which, pursuant to section 12(13) of that Act, a draft has been laid before each House of the Oireachtas and a resolution approving of the draft has been passed by each such House:

1. These Regulations may be cited as the Horse and Greyhound Racing Fund Regulations 2004.

2. The amount of €550,000,000 is specified for the purposes of section 12(5) of the Horse and Greyhound Racing Act 2001 (No. 20 of 2001).

EXPLANATORY NOTE.

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Regulation provides for an increase, from £200 million to €550 million, of the aggregate limit of the Horse and Greyhound Racing Fund established under the Horse and Greyhound Racing Act 2001 .