Industrial Development (Enterprise Ireland) Act, 1998
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Industrial Incentives. |
34.—(1) The Act of 1993 is hereby amended by the substitution for section 12 of the following: | |
“Industrial Incentives. | ||
12.—(1) Without the prior permission of the Government, the total amount of money granted to a particular industrial undertaking under any section referred to in section 34 of the Act of 1986 shall not exceed in the aggregate the higher of— | ||
(a) £4,000,000, or | ||
(b) £4,000,000 in excess of the aggregate amount of grants for which the prior permission of the Government has previously been obtained. | ||
(2) Enterprise Ireland and IDA may make grants on such terms and conditions as they think proper towards employment of a person in a service industry (within the meaning of the Act of 1986).”. | ||
(2) The Act of 1986 is hereby amended by the substitution— | ||
(a) in section 24 (5), for “£750,000” of “£1,200,000”, | ||
(b) in section 25 (4), for “£1,250,000” of “£2,000,000”, | ||
(c) in section 26 (2), for “£750,000” of “£1,200,000”, | ||
(d) in section 27 (2), for “£300,000” of “£480,000”, | ||
(e) in section 28 (4), for “£2,000,000” of “£3,200,000”, | ||
(f) in section 29 (4)(a) and (b), for “£250,000” of “£400,000”, | ||
(g) in section 29 (7)(a) and (b), for “£500,000” of “£800,000”, | ||
(h) in section 30 (5)(a) and (b), for “£250,000” of “£400,000”, | ||
(i) in section 30 (6)(a) and (b), for “£500,000” of “£800,000”, and | ||
(j) in section 31 (4) for “£1,500,000” of “£2,500,000”. |