INDUSTRIAL GRANTS (AMENDMENT) ACT, 1963

Type Act
Publication 1963-02-20
Last updated 1986-05-06
State Repealed superseded text
Text As published
articles 10

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

1 amending act · 1986-05-06, INDUSTRIAL DEVELOPMENT ACT, 1986

Reform history JSON API

AN ACT TO EXTEND THE DURATION OF CERTAIN PROVISIONS OF THE INDUSTRIAL GRANTS ACT, 1959, AND TO AMEND THAT ACT AND THE INDUSTRIAL GRANTS (AMENDMENT) ACT, 1961. [20th February, 1963.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

1 Interpretation.

1.—In this Act—

“the Board” means An Foras Tionscal;

“the Minister” means the Minister for Industry and Commerce;

“the Principal Act” means the Industrial Grants Act, 1959;

“the undeveloped areas” means the areas to which the Undeveloped Areas Acts, 1952 to 1963, apply.

2 Amounts of grants under section 2 of Principal Act.

2.—(1) Subject to subsection (2) of this section, the total amount of the grants made by the Board in respect of an industrial undertaking under subsection (1) of section 2 of the Principal Act shall not exceed—

and

whichever is the less.

3.—The Board shall not make grants under section 2 of the Principal Act (other than grants in relation to which an approval has been given under subsection (2) of section 2 of this Act) in respect of an industrial undertaking exceeding in total five hundred thousand pounds without the consent of the Minister and of the Minister for Finance.

4 Grants for the enlargement or adaptation of undertakings.

4.—(1) The Board may make grants on such terms as they think proper towards the cost of enlarging an industrial undertaking in an area other than an undeveloped area or of adapting the machinery, plant, equipment, buildings or other works of the undertaking so as to enable the business of the undertaking to be carried on more efficiently or to enable the undertaking to engage in the manufacture of products not manufactured by it before the making of the enlargement or adaptation.

5 Grants for training of workers.

5.—(1) The Board may make grants, on such terms as they think proper, for the training, either in the State or elsewhere, of workers in skilled processes of an industrial undertaking in an area other than an undeveloped area if the Board are satisfied that—

6 Grants for roads, bridges, harbour works, railway lines and facilities, housing and canteens.

6.—(1) The Board may, in aid of an industrial undertaking likely to provide or maintain employment in an area other than an undeveloped area, make grants, on such terms as they think proper, for—

7 Limitation on total amount of grants.

7.—(1) The aggregate amount of grants made by the Industrial Development Authority under the Industrial Grants Act, 1956, and of grants (other than grants under section 12 of the Undeveloped Areas Act, 1952) made by the Board and the Minister under the Undeveloped Areas Acts, 1952 to 1963, and the Industrial Grants Acts, 1959 to 1963, and of payments made by the Board and the Minister on foot of guarantees given by the Board and the Minister under the Principal Act shall not exceed twenty million pounds.

8 General duty of Board with respect to national aims.

8.—In performing its functions the Board shall bear constantly in mind the national aims of decentralising industry and of attracting industries to the undeveloped areas and shall endeavour to promote the attainment of those aims.

9 Repeals.

9.—Paragraph (a) of subsection (1) and subsections (2) to (6) of section 2, subsection (3) of section 3, subsection (2) of section 4 and section 6 of the Principal Act are hereby repealed.

10 Short title and collective citation.

10.—(1) This Act may be cited as the Industrial Grants (Amendment) Act, 1963.

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