(1) In respect of the specified duties collected by any licensing authority, that authority may, before payment into the Exchequer of such duties, deduct from moneys so collected, an amount calculated in accordance with directions in writing issued by the Minister for the Environment, with the consent of the Minister for Finance, in respect of expenses properly incurred by the licensing authority solely in respect of the collection of such duties.
(2) The expenses referred to in subsection (1) may include expenses properly incurred by the licensing authority solely in respect of the collection of the specified duties during any period prior to the 1st day of January, 1996, and which have not been met by payments under subsection (2)(a) of section 50 of the Finance Act, 1978.
(i) Subsection (4) of section 1 of the Roads Act, 1920, is hereby amended by the insertion after "shall" in "shall be paid into the Exchequer" of ", subject to section 140 of the Finance Act, 1996,".