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S.L. 409.18 · Package Travel Insolvency Fund (S.L. 409.18)

S.L. 409.18 ст. 6Costs of the Board.

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(1) The Board shall ensure that the administrative costs in relation to carrying-out of its functions are kept to a minimum. In addition, the Authority will provide administrative support through its offices. The Board shall authorise the reimbursement of relative administrative costs borne by the Authority.

(2) The Board’s administrative costs shall be paid from the Fund itself, provided that such costs transpire from a budget approved by the Board.