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Industrial Development Act, 1969

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Number 32 of 1969

INDUSTRIAL DEVELOPMENT ACT, 1969

ARRANGEMENT OF SECTIONS

PART I

Preliminary and General

Section

1.

Short title.

2.

Definitions.

3.

Commencement.

4.

Repeals.

5.

Expenses.

6.

Designated areas.

PART II

Provisions Relating to the Dissolution of an Foras Tionscal

7.

Dissolution of An Foras Tionscal.

8.

Transfer of powers, functions, etc., to Industrial Development Authority.

9.

Provisions consequential on dissolution.

10.

Winding up of superannuation schemes.

PART III

Industrial Development Authority

Chapter I

General Provisions

11.

Additional functions of the Authority.

12.

Promotion of regional development.

13.

Restriction of section 5 of Act of 1950.

14.

Authority not to make grants relating to undertakings at Shannon Customs Free Airport.

15.

Provision of sites and services by the Authority for industrial development.

16.

Provision by Authority of housing for employees in industry.

17.

Grants to the Authority.

18.

Transfer of certain powers to An Chomhairle Oiliúna.

19.

Authority's power to accept gifts.

20.

Temporary borrowing by Authority.

21.

Authority's power to employ consultants and advisers.

22.

Application of Second Schedule.

23.

Exemption from stamp duty.

Chapter II

Provisions relating to Members and Staff

24.

Remuneration, etc, of members of Authority.

25.

Member of Authority becoming candidate for membership of House of Oireachtas.

26.

Officers and servants of Authority.

27.

Superannuation of staff referred to in section 26.

28.

Disclosure of documents.

29.

Disclosure of information.

30.

Officer or servant of Authority becoming member of House of Oireachtas.

31.

Transfer to Authority of technical advisers.

32.

Amendment of section 28 of Superannuation and Pensions Act, 1963.

Chapter III

Provisions Relating to Grants

33.

Authority's general grant-making powers.

34.

Further grants by Authority.

35.

Grants by Authority for fixed assets leased.

36.

Grants by Authority towards reduction of interest.

37.

Guarantee by Authority of loans.

38.

Grants by Authority towards re-equipment, etc.

39.

Training grants by Authority.

40.

Research grants by Authority.

41.

Percentage limits on aggregate of certain grants.

42.

Maximum amount of certain grants.

43.

Authority's powers to value assets, etc.

44.

Authority's power to purchase shares in certain industrial undertakings.

45.

Contravention of term or condition attached to grant.

46.

Grants to secure reduction of factory rents.

47.

Leasing by Authority of land at concessionary rent.

FIRST SCHEDULE

Provisions Consequential on Dissolution of An Foras Tionscal

SECOND SCHEDULE

The Industrial Development Authority

THIRD SCHEDULE

Enactments Repealed

Acts Referred to

Industrial Development Authority Act, 1950

1950, No. 29.

Undeveloped Areas Act, 1952

1952, No. 1.

Industrial Grants (Amendment) Act, 1966

1966, No. 12.

Local Government Act, 1941

1941, No. 23.

Industrial Grants Act, 1956

1956, No. 48.

Industrial Grants Act, 1959

1959, No. 26.

Civil Service Commissioners Act, 1956

1956, No. 45.

Superannuation and Pensions Act, 1963

1963, No. 24.

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Number 32 of 1969

INDUSTRIAL DEVELOPMENT ACT, 1969

AN ACT TO AMEND AND EXTEND THE INDUSTRIAL DEVELOPMENT AUTHORITY ACT, 1950 , THE UNDEVELOPED AREAS ACTS, 1952 TO 1969, AND THE INDUSTRIAL GRANTS ACTS, 1959 TO 1969, AND TO PROVIDE FOR OTHER MATTERS CONNECTED WITH THE MATTERS AFORESAID. [24th December, 1969.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: