Industrial Grants (Amendment) Act, 1961

Industrial Grants (Amendment) Act, 1961 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 1961 Industrial Grants (Amendment) Act, 1961 Industrial Grants (Amendment) Act, 1961 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 30 of 1961. INDUSTRIAL GRANTS (AMENDMENT) ACT, 1961. ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Number of members of An Foras Tionscal. 3. Limitation on total of grants. 4. Grants for provision of plant. 5. Contravention of term on which grant is made. 6. Short title. Acts Referred to Undeveloped Areas Act, 1952 1952, No. 1 Undeveloped Areas (Amendment) Act, 1957 1957, No. 23 Industrial Grants Act, 1959 1959, No. 26 Number 30 of 1961. INDUSTRIAL GRANTS (AMENDMENT) ACT, 1961. AN ACT TO AMEND AND EXTEND THE UNDEVELOPED AREAS ACTS, 1952 AND 1957, AND THE INDUSTRIAL GRANTS ACT, 1959 . [9th August, 1961.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:— Interpretation. 1.—In this Act— “the Principal Act” means the Undeveloped Areas Act, 1952 ; “the Act of 1957” means the Undeveloped Areas (Amendment) Act, 1957 ; “the Act of 1959” means the Industrial Grants Act, 1959 . Number of members of An Foras Tionscal. 2.—The First Schedule to the Principal Act is hereby amended— (a) by the substitution in subparagraph (1) of paragraph 2 of “not more than five members ” for “three members”, (b) by the insertion in subparagraph (1) of paragraph 3 of “(where that number is three) or by any three of their number (where that number is four or five)” after “any two of their number”. Limitation on total of grants. 3.—Section 6 of the Act of 1959 is hereby amended by the substitution of “fifteen million pounds” for “ten million pounds” in both subsection (1) and subsection (2). Grants for provision of plant. 4.—In section 6 of the Principal Act and section 2 of the Act of 1959, every reference to machinery shall be construed as including a reference to plant. Contravention of term on which grant is made. 5.—Where— (a) a grant is made after the passing of this Act under the Principal Act, the Act of 1957 or the Act of 1959, (b) the grant is made subject to any term restricting the disposal of factory sites or premises, or machinery and equipment (or any part of such sites or premises or such machinery and equipment) or, if the grantee is a company, shares in its capital, and (c) there is a contravention of such term, the amount paid to the grantee in respect of the grant shall thereupon become repayable by the grantee to An Foras Tionscal and, in default of being repaid, shall be recoverable as a simple contract debt in any court of competent jurisdiction. Short title. 6.—This Act may be cited as the Industrial Grants (Amendment) Act, 1961. 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