PART I

Preliminary

1. —(1) This Act may be cited as the Industrial Development Act, 1993.

(2) The Industrial Development Acts, 1986 and 1991 and this Act may be cited together as the Industrial Development Acts, 1986 to 1993, and shall be construed together as one Act.

2. —(1) In this Act, unless the context otherwise requires—

“the Act of 1986” means the Industrial Development Act, 1986 ;

“the Act of 1987” means the Science and Technology Act, 1987 ;

“Agency” means Forbairt or IDA;

“Board” means the Board of Forfás or either Agency;

“dissolved body” means the Industrial Development Authority or Eolas;

“establishment day” has the meaning assigned to it by section 5 ;

“Forbairt” means the Agency established in that name by section 5 ;

“Forfás” means the Agency established in that name by section 5 ;

“IDA” means the Agency established by section 5 in the name of the Industrial Development Agency (Ireland);

“the Minister” means the Minister for Enterprise and Employment.

(2) In this Act, a reference to a section or Schedule is to a section of, or Schedule to, this Act unless it is indicated that a reference to some other provision is intended.

(3) In this Act, a reference to a subsection or paragraph is to the subsection or paragraph of the provision in which the reference occurs, unless it is indicated that a reference to another provision is intended.

(4) In this Act, a reference to any other enactment is to that enactment as amended by any other enactment including this Act.

3. —The expenses incurred in the administration of this Act shall, to such extent as may be sanctioned by the Minister for Finance, be paid out of moneys provided by the Oireachtas.

4. —Every enactment referred to in column (2) of the Third Schedule to this Act is hereby repealed with effect from the establishment day to the extent mentioned in column (3) of that Schedule.