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Shannon Free Airport Development Company Limited (Amendment) Act, 1983

In short

This law amends previous acts related to the Shannon Free Airport Development Company Limited, primarily by increasing financial limits for grants and advances, and expanding the geographical area where the Company can operate.

What it regulates

  • The maximum amount of money the Minister for Finance can invest in the Company by taking up shares.
  • The total amount of grants that can be given to the Company.
  • The total amount of advances the Minister for Finance can provide to the Company.
  • The specific geographical areas where the Company can carry out its functions related to industrial development and provide financial assistance.

Who it concerns

  • The Shannon Free Airport Development Company Limited.
  • The Minister for Finance and the Minister for Industry and Commerce.
  • Industrial undertakings and employees in specific regions of Ireland.

Key points

  • The aggregate amount the Minister for Finance can subscribe in Company shares is increased from £80,000,000 to £120,000,000.
  • The aggregate amount of grants to the Company is increased to £60,000,000.
  • The aggregate amount of advances to the Company by the Minister for Finance shall not exceed £25,000,000.
  • The Company's operational area for industrial development and financial assistance is expanded to include additional District Electoral Divisions in the county of Offaly, alongside the existing areas in Limerick, Clare (excluding the airport), Tipperary (North Riding), and the county borough of Limerick.
Legal text
Legal text

Shannon Free Airport Development Company Limited (Amendment) Act, 1983 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.

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  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1983 Shannon Free Airport Development Company Limited (Amendment) Act, 1983 Shannon Free Airport Development Company Limited (Amendment) Act, 1983 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Print Full ActPriontáil an tAcht Iomlán Number 12 of 1983 SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED (AMENDMENT) ACT, 1983 ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Amendment of section 2 of Principal Act. 3. Increase of grants under section 8 of Principal Act and section 2 of Act of 1970 to Company. 4. Advances to Company by the Minister for Finance. 5. Amendment of section 2 of Act of 1970. 6. Amendment of section 4 of Act of 1970. 7. Short title and collective citation. Acts Referred to Shannon Free Airport Development Company Limited Act, 1959 1959, No. 36 Shannon Free Airport Development Company Limited (Amendment) Act, 1961 1961, No. 31 Shannon Free Airport Development Company Limited (Amendment) Act, 1963 1963, No. 27 Shannon Free Airport Development Company Limited (Amendment) Act, 1970 1970, No. 9 Shannon Free Airport Development Company Limited (Amendment) Act, 1978 1978, No. 3 Shannon Free Airport Development Company Limited (Amendment) Act, 1980 1980, No. 28 Shannon Free Airport Development Company Limited Acts, 1959 to 1980 Number 12 of 1983 SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED (AMENDMENT ) ACT, 1983 AN ACT TO AMEND AND EXTEND THE SHANNON FREE AIRPORT DEVELOPMENT COMPANY LIMITED ACTS, 1959 TO 1980. [5th June, 1983] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: Interpretation. 1.—

(1)In this Act— “the Act of 1970” means the Shannon Free Airport Development Company Limited (Amendment) Act, 1970 ; “the Act of 1980” means the Shannon Free Airport Development Company Limited (Amendment) Act, 1980 ; “the Company” means the Shannon Free Airport Development Company Limited; “the Principal Act” means the Shannon Free Airport Development Company Limited Act, 1959 .
(2)References in this Act to a former Rural District shall be construed as a reference to that District as constituted immediately before the 1st day of October, 1925.
(3)The Shannon Free Airport Development Company Limited Acts, 1959 to 1980, and this Act shall be construed as one. Amendment of section 2 of Principal Act. 2.—So much of section 2 of the Principal Act (as amended by section 2 of the Act of 1980) as provides that the aggregate of the amounts which the Minister for Finance may subscribe under that section in taking up shares of the Company shall not exceed £80,000,000 is hereby repealed and, in lieu thereof, it is hereby enacted that the aggregate of the amounts so subscribed shall not exceed £120,000,
  1. Increase of grants under section 8 of Principal Act and section 2 of Act of 1970 to Company. 3.—Section 3 of the Act of 1980 is hereby repealed and, in lieu thereof, it is hereby enacted that the aggregate amount of grants to be made to the Company under section 8 of the Principal Act and section 2 of the Act of 1970 shall not exceed £60,000,
  2. Advances to Company by the Minister for Finance. 4.— Section 4 of the Shannon Free Airport Development Company Limited (Amendment) Act, 1978 , is hereby repealed and, in lieu thereof, it is hereby enacted that the aggregate amount of advances under section 4
(1)of the Shannon Free Airport Development Company Limited (Amendment) Act, 1963 , and advances under section 4 of the Shannon Free Airport Development Company Limited (Amendment) Act, 1961 , shall not exceed £25,000,000. Amendment of section 2 of Act of 1970. 5.—Section 2 of the Act of 1970 is hereby amended by the substitution in subsection
(1)for “in the counties of Limerick, Clare (excluding the airport) and Tipperary (North Riding), and the county borough of Limerick” of “in the counties of Limerick, Clare (excluding the airport) and Tipperary (North Riding), and in the Birr Urban District, the District Electoral Divisions of Banagher, Birr Rural, Broughal, Cloghan, Derrinboy, Derryad, Dromoyle, Drumcullen, Eglish, Ferbane, Gallen, Huntston, Kilcolman, Kilcormac, Killyon, Kinnitty, Knockbarron, Lea, Letter, Lusmagh, Mounterin, Seirkieran, Shannonbridge and Shannonharbour in the former Rural District of Birr No. 1 and the District Electoral Divisions of Aghancon, Ballincor, Barna, Cangort, Cullenwaine, Dunkerrin, Ettagh, Gorteen, Mountheaton, Roscomroe, Shinrone, Templeharry and Tulla in the former Rural District of Roscrea No. 2, all in the county of Offaly, and in the County borough of Limerick”, and the said subsection, as so amended, is set out in the Table to this section. TABLE
(1)The Minister for Industry and Commerce, with the consent of the Minister for Finance, may, out of moneys provided by the Oireachtas, make grants to the Company to enable it to meet the running expenses of the Company in respect of its functions in relation to industrial development in the counties of Limerick, Clare (excluding the airport) and Tipperary (North Riding), and in the Birr Urban District, the District Electoral Divisions of Banagher, Birr Rural, Broughal, Cloghan, Derrinboy, Derryad, Dromoyle, Drumcullen, Eglish, Ferbane, Gallen, Huntston, Kilcolman, Kilcormac, Killyon, Kinnitty, Knockbarron, Lea, Letter, Lusmagh, Mounterin, Seirkieran, Shannonbridge and Shannonharbour in the former Rural District of Birr No. 1 and the District Electoral Divisions of Aghancon, Ballincor, Barna, Cangort, Cullenwaine, Dunkerrin, Ettagh, Gorteen, Mountheaton, Roscomroe, Shinrone, Templeharry and Tulla in the former Rural District of Roscrea No. 2, all in the county of Offaly, and in the county borough of Limerick. Amendment of section 4 of Act of 1970. 6.—Section 4 of the Act of 1970 is hereby amended by the substitution in subsection
(1)for “in the counties of Limerick, Clare, Tipperary (North Riding) and the county borough of Limerick” of “in the counties of Limerick, Clare, Tipperary (North Riding), and in the Birr Urban District, the District Electoral Divisions of Banagher, Birr Rural, Broughal, Cloghan, Derrinboy, Derryad, Dromoyle, Drumcullen, Eglish, Ferbane, Gallen, Huntston, Kilcolman, Kilcormac, Killyon, Kinnitty, Knockbarron, Lea, Letter, Lusmagh, Mounterin, Seirkieran, Shannonbridge and Shannonharbour in the former Rural District of Birr No. 1 and the District Electoral Divisions of Aghancon, Ballincor, Barna, Cangort, Cullenwaine, Dunkerrin, Ettagh, Gorteen, Mountheaton, Roscomroe, Shinrone, Templeharry and Tulla in the former Rural District of Roscrea No. 2, all in the county of Offaly, and in the county borough of Limerick”, and the said subsection, as so amended, is set out in the Table to this section. TABLE
(1)Notwithstanding section 3 of this Act, the Authority may delegate to the Company some or all of such powers as the Authority may have to provide financial assistance to or in respect of an industrial undertaking or in respect of housing for employees in industry in the counties of Limerick, Clare and Tipperary (North Riding), and in the Birr Urban District, the District Electoral Divisions of Banagher, Birr Rural, Broughal, Cloghan, Derrinboy, Derryad, Dromoyle, Drumcullen, Eglish, Ferbane, Gallen, Huntston, Kilcolman, Kilcormac, Killyon, Kinnitty, Knockbarron, Lea, Letter, Lusmagh, Mounterin, Seirkieran, Shannonbridge and Shannonharbour in the former Rural District of Birr No. 1 and in the District Electoral Divisions of Aghancon, Ballincor, Barna, Cangort, Cullenwaine, Dunkerrin, Ettagh, Gorteen, Mountheaton, Roscomroe, Shinrone, Templeharry and Tulla in the former Rural District of Roscrea No. 2, all in the county of Offaly, and in the county borough of Limerick. Short title and collective citation. 7.—
(1)This Act may be cited as the Shannon Free Airport Development Company Limited (Amendment) Act, 1983.
(2)The Shannon Free Airport Development Company Limited Acts, 1959 to 1980, and this Act may be cited together as the Shannon Free Airport Development Company Limited Acts, 1959 to 1983. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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