INDUSTRIAL GRANTS (AMENDMENT) ACT, 1964

Type Act
Publication 1964-12-22
Last updated 1986-05-06
State Repealed superseded text
Text As published
articles 6

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

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AN ACT TO INCREASE TO THIRTY MILLION POUNDS THE AGGREGATE AMOUNT OF GRANTS WHICH THE MINISTER FOR INDUSTRY AND COMMERCE MAY MAKE TO AN FORAS TIONSCAL AND TO MAKE FURTHER PROVISION IN RELATION TO GRANTS BY AN FORAS TIONSCAL FOR THE ENLARGEMENT OR ADAPTATION OF INDUSTRIAL UNDERTAKINGS. [22nd December, 1964.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

1 Amount of grants by Minister to An Foras Tionscal.

1.—The aggregate amount of grants under section 12 (which provides for the making of grants by the Minister to An Foras Tionscal) of the Undeveloped Areas Act, 1952, and section 3 (which provided for the making of grants by the Minister to the Industrial Development Authority) of the Industrial Grants Act, 1956, shall notexceed thirty million pounds.

2 Time for making grants for the enlargement or adaptation of undertakings.

2.—A grant may be made under section 4 of the Undeveloped Areas (Amendment) Act, 1963, in respect of an enlargement or adaptation that is of the kind referred to in that section and is approved by An Foras Tionscal after the 31st day of March, 1965, and before the 31st day of March, 1966, and a grant may be made under section 4 of the Industrial Grants (Amendment) Act, 1963, in respect of an enlargement or adaptation that is of the kind referred to in that section and is approved by An Foras Tionscal after the 31st day of March, 1965, and before the 31st day of March, 1966, and, accordingly, “31st day of March, 1966” is hereby substituted for “31st day of March, 1965” in each place where it occurs in subsection (5) of those sections.

3 Extension of power to make grants for the enlargement or adaptation of undertakings.

3.—(1) Where, as a result of the imposition of the special charge on certain goods imported into Great Britain, Northern Ireland, the Channel Islands or the Isle of Man on or after the 27th day of October, 1964, any exceptional difficulty occurs in relation to the sale by an industrial undertaking of its products outside the State, a grant towards the cost of meeting that difficulty may be made under section 4 of the Undeveloped Areas Act, 1963, or section 4 of the Industrial Grants (Amendment) Act, 1963, as may be appropriate having regard to the location of the undertaking, as if such cost were the cost of an enlargement or adaptation of the kind in respect of which grants may be made under those sections.

4 Penalty for false or misleading statements.

4.—(1) A person who, for the purpose of obtaining in respect of an industrial undertaking a grant payable by virtue of section 3 of this Act, knowingly makes a false statement or false representation either verbally or in writing or knowingly conceals any material fact shall be guilty of an offence and shall be liable, on summary conviction, to a fine not exceeding £100 or to imprisonment for a term not exceeding six months or to both the fine and the imprisonment or, on conviction on indictment, to a fine not exceeding £5,000 or to imprisonment for a term not exceeding two years or to both the fine and the imprisonment.

5 Repeal.

5.—Subsection (2) of section 7 of the Industrial Grants (Amendment) Act, 1963, is hereby repealed.

6 Short title and collective citation.

6.—(1) This Act may be cited as the Industrial Grants (Amendment) Act, 1964.

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