(1) For the purposes specified in subsection (3), in each financial year, a grant not exceeding 40 per cent of the programme of expenditure approved for that year under section 13, shall, subject to the conditions, if any, that the Minister thinks proper, be paid to the Supervisory Authority out of money provided by the Oireachtas.
(2) For the purposes specified in subsection (3), the Supervisory Authority may impose, with the Minister's consent and subject to subsections (4) to (6), one or more levies in each financial year of the Supervisory Authority on each prescribed accountancy body.
(3) Money received by the Supervisory Authority under this section may be used only for the purposes of meeting expenses properly incurred by it in performing its functions and exercising its powers under -
(a) sections 24 and 26, in the case of money set aside for, or paid into, the reserve fund in accordance with section 15, or
(b) any provision of this Act, other than sections 24 and 26, in t