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Undeveloped Areas (Amendment) Act, 1963

In short

This law extends and amends the Undeveloped Areas Acts of 1952 and 1957, primarily by adjusting the financial grants available for industrial undertakings in undeveloped areas. It sets new limits and conditions for these grants and allows for grants for the enlargement or adaptation of such undertakings.

What it regulates

Who it concerns

Key points

📄 Legal text
Undeveloped Areas (Amendment) Act, 1963 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.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.ie) Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1963 Undeveloped Areas (Amendment) Act, 1963 Undeveloped Areas (Amendment) Act, 1963 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 3 of 1963. UNDEVELOPED AREAS (AMENDMENT) ACT, 1963. ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Amounts of grants under sections 5 and 6 of Principal Act. 3. Consent of Minister and of Minister for Finance for certain grants exceeding £500,000 for an undertaking. 4. Grants for the enlargement or adaptation of undertakings. 5. Repeals. 6. Short title and collective citation. Acts Referred to Undeveloped Areas Act, 1952 1952, No. 1 Undeveloped Areas (Amendment) Act, 1957 1957, No. 23 Industrial Grants (Amendment) Act, 1961 1961, No. 30 Number 3 of 1963. UNDEVELOPED AREAS (AMENDMENT) ACT, 1963. AN ACT TO EXTEND THE DURATION OF, AND TO AMEND, THE UNDEVELOPED AREAS ACTS, 1952 AND 1957 . [20th February, 1963.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:— 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 Undeveloped Areas Act, 1952 . Amounts of grants under sections 5 and 6 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 sections 5 and 6 of the Principal Act shall not exceed— (a) where the total amount of the grants is not more than two hundred and fifty thousand pounds, two-thirds of the total amount of the costs in respect of which the grants are made (being costs of the kind referred to in subsection (2) of the said section 6 or incurred in relation to matters of the kind mentioned in paragraph (vii) of subsection (1) of the said section 5), and (b) where the total amount of the grants is more than two hundred and fifty thousand pounds— (i) one-half of the total amount of the costs aforesaid, or (ii) the sum in pounds that equals the figure obtained by multiplying by one thousand the number of persons that, in the opinion of the Board, will be employed in the undertaking when it is in full operation, less such number of persons (if any) as were employed therein immediately before the incurring of the expenditure in relation to which the grants are paid, whichever is the less. (2) The Government may approve of the making of grants by the Board in respect of an industrial undertaking under the said sections 5 and 6 the total of which exceeds two hundred and fifty thousand pounds and exceeds one or both of the limits specified in paragraph (b) of subsection (1) of this section, and where in relation to any grants an approval has been given under this subsection, subsection (1) of this section shall not apply in respect of those grants. Consent of Minister and of Minister for Finance for certain grants exceeding £500,000 for an undertaking. 3.—The Board shall not make grants under sections 5 or 6 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. 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 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. (2) A grant under this section shall not exceed one-quarter of the cost of the enlargement or adaptation in respect of which the grant is made. (3) A grant shall not be made under this section in respect of the enlargement of an industrial undertaking or the adaptation of the plant, equipment, buildings or other works thereof if a grant can be made under any other provision of the Undeveloped Areas Acts, 1952 and 1957, in respect of the enlargement or adaptation. (4) A grant may be made under this section in respect of an enlargement or adaptation commenced on or after the 14th day of December, 1961, and before the date of the passing of this Act. (5) A grant shall not be made under this section after the 31st day of March, 1965, in respect of an enlargement or adaptation unless the enlargement or adaptation is approved by the Board before the said 31st day of March, 1965. (6) Grants under this section shall be made out of moneys provided by the Oireachtas. Repeals. 5.—Section 1 and subsection (2) of section 6 of the Principal Act and sections 2 to 13 of the Undeveloped Areas (Amendment) Act, 1957 , are hereby repealed. Short title and collective citation. 6.—(1) This Act may be cited as the Undeveloped Areas (Amendment) Act, 1963. (2) The Undeveloped Areas Acts, 1952 and 1957, the Industrial Grants (Amendment) Act, 1961 (in so far as it amends those Acts) and this Act may be cited together as the Undeveloped Areas Acts, 1952 to 1963. 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