(1) The Minister may, for the purpose of promoting national economic policy, make with the consent of the Minister for Public Expenditure and Reform regulations providing for financial assistance out of moneys provided by the Oireachtas -

(a) to persons who are obliged to change their normal place of residence in order to take up employment offered or approved by the National Manpower Service, or

(b) to enable persons to travel for selection for training at approved training centres or to undertake courses of training at such centres.

(2) Without prejudice to the generality of subsection (1), regulations under this section -

(a) may provide for the payment or recoupment, in whole or in part, of the costs of transport (including the transport of household effects) arising out of a change of residence and for allowances in respect of lodgings, and

(b) may impose conditions, time limits and financial limits in respect of any moneys payable under the regulations.

(3) Notwithstanding anything contained in section 4, regulations under this section may apply to workers belonging to a class excluded from this Act by the said section 4.