52.—(1) Section 3 of the Tourist Traffic (Development) Act, 1931 (No. 15 of 1931), shall be construed and have effect as if—

(i) for the purposes of the application of sub-section (3) thereof to a council of a county borough, the reference in paragraph (a) of the said sub-section (3) to a rate of one penny in the pound on the rateable value of such county borough were a reference to a rate of threepence in the pound on the said rateable value, and

(ii) the reference in sub-section (8) thereof to the Minister were a reference to the Irish Tourist Board.

(2) The Minister may, on the application of any statutory body, by order declare that such body shall be a local authority for the purposes of the Tourist Traffic (Development) Act, 1931, and thereupon such body shall be a local authority for the purposes of the said Act and the said Act shall apply and have effect accordingly.