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Uimhir 29 de 1975
AN tACHT UM FHORBAIRT TIONSCAIL (Uimh. 2), 1975
[An tiontú oifigiúil]
[19 Nollaig, 1975]
Míniú.
1.—San Acht seo ciallaíonn “an Príomh-Acht” an tAcht um Fhorbairt Tionscail, 1969.
Leasú ar alt 17 den Phríomh-Acht.
2.—Leasaítear leis seo alt 17 den Phríomh-Acht (arna leasú leis an Acht um Fhorbairt Tionscail, 1972) tríd an méid seo a leanas a chur in ionad fho-ailt (2) agus (3):
“(2) (a) Ní rachaidh comhiomlán na ndeontas ón Údarás faoin Acht um Dheontais Tionscail, 1956, agus na ndeontas (seachas deontais faoi alt 12 d'Acht 1952) ón bhForas Tionscal agus ón Aire faoi na hAchtanna um Limistéir Neamhfhorbartha, 1952 go 1969, agus faoi na hAchtanna um Dheontais Tionscail, 1959 go 1969, agus ón Údarás faoin Acht seo, agus na n-íocaíochtaí ón bhForas Tionscal agus ón Aire ar scór ráthaíochtaí a thug an Foras Tionscal agus an tAire faoin Acht um Dheontais Tionscail, 1959, agus na n-íocaíochtaí ón bhForas Tionscal nó ón Údarás faoi alt 4 d'Acht 1966 agus na n-íocaíochtaí ón Údarás faoi alt 15 den Acht seo thar £400,000,000.
(b) Ní rachaidh comhiomlán an airgid a bheidh ráthaithe i leith príomhshuime ag an Údarás faoi alt 37 den Acht seo agus a bheidh gan aisíoc, agus na n-íocaíochtaí ón Údarás i leith príomhshuime ar scór ráthaíochtaí faoin alt sin thar £100,000,000 aon tráth.
(3) (a) Ní rachaidh comhiomlán na ndeontas faoi alt 12 d'Acht 1952, faoi alt 3 den Acht um Dheontais Tionscail, 1956, agus faoi fho-alt (1) (b) den alt seo (gan aon mhéideanna a áireamh a theastóidh ón Údarás le go bhféadfaidh sé freastal dá chuid oibleagáidí nó dliteanas de bharr ráthaíochtaí faoi alt 37 den Acht seo) thar £400,000,000.
(b) Ní rachaidh comhiomlán na ndeontas a thabharfaidh an tAire don Údarás le go bhféadfaidh sé freastal dá chuid oibleagáidí nó dliteanas de bharr ráthaíochtaí faoi alt 37 den Acht seo i leith príomhshuime thar £100,000,000.
(c) Maidir le ráthaíocht dá dtagraítear i mír (b) den fho-alt seo agus san fho-alt roimhe seo in airgead in airgead reatha seachas airgead reatha an Stáit, glacfar gurb é atá sna tagairtí do phríomhshuim sna míreanna sin tagairtí do mhéid in airgead reatha an Stáit is cóimhéid leis an bpríomhshuim iarbhír, agus an cóimhéid sin a ríomh de réir an mhéid in airgead reatha an Stáit arb é costas na príomhshuime iarbhír é tráth na ráthaíochta a thabhairt.”.
Leasú ar alt 37 den Phríomh-Acht.
3.—Leasaítear leis seo alt 37 den Phríomh-Acht tríd an bhfo-alt seo a leanas a chur isteach i ndiaidh fho-alt (4):
“(5) Ní thabharfaidh an tUdáras, gan cead roimh ré ón Rialtas, ráthaíocht faoin alt seo, maidir le gnóthas tionscail áirithe, go n-aisíocfar thar £500,000 príomhshuime.”.
Gearrtheideal, forléiriú agus comhlua.
4.—(1) Féadfar an tAcht um Fhorbairt Tionscail (Uimh. 2), 1975, a ghairm den Acht seo.
(2) Forléireofar an tAcht seo agus na hAchtanna um Fhorbairt Tionscail, 1969 go 1975, mar aon ní amháin agus beidh sé ar áireamh sa chomhlua, na hAchtanna um Fhorbairt Tionscail, 1969 go 1975.
Number 29 of 1975
INDUSTRIAL DEVELOPMENT (No. 2) ACT, 1975
ARRANGEMENT OF SECTIONS
Section | |
Acts Referred to | |
1969, No. 32 | |
1972, No. 9 | |
1956, No. 48 | |
1959, No. 26 | |
Number 29 of 1975
INDUSTRIAL DEVELOPMENT (No. 2) ACT, 1975
Definition.
1.—In this Act “the Principal Act” means the Industrial Development Act, 1969.
Amendment of section 17 of Principal Act.
2.—Section 17 of the Principal Act (as amended by the Industrial Development Act, 1972) is hereby amended by the substitution for subsections (2) and (3) of the following:
“(2) (a) The aggregate amount of grants made by the Authority under the Industrial Grants Act, 1956, and of grants (other than grants under section 12 of the Act of 1952) made by An Foras Tionscal and the Minister under the Undeveloped Areas Acts, 1952 to 1969, and the Industrial Grants Acts, 1959 to 1969, and by the Authority under this Act, and of payments made by An Foras Tionscal and the Minister on foot of guarantees given by An Foras Tionscal and the Minister under the Industrial Grants Act, 1959, and of payments made by An Foras Tionscal or the Authority under section 4 of the Act of 1966 and of payments made by the Authority under section 15 of this Act, shall not exceed £400,000,000.
(b) The aggregate amount of moneys guaranteed in respect of principal by the Authority under section 37 of this Act and outstanding, and of payments made by the Authority in respect of principal on foot of guarantees under that section, shall not at any time exceed £100,000,000.
(3) (a) The aggregate amount of grants under section 12 of the Act of 1952, section 3 of the Industrial Grants Act, 1956, and subsection (1) (b) of this section (excluding any amounts required by the Authority to enable it to meet its obligations or liabilities arising from guarantees under section 37 of this Act) shall not exceed £400,000,000.
(b) The aggregate amount of grants made by the Minister to the Authority to enable it to meet its obligations or liabilities arising from guarantees under section 37 of this Act in respect of principal shall not exceed £100,000,000.
(c) In relation to a guarantee referred to in paragraph (b) of this and the preceding subsection in money in a currency other than the currency of the State, the references to principal in those paragraphs shall be taken as referring to the equivalent in currency of the State of the actual principal, such equivalent being calculated according to the cost in the currency of the State of the actual principal at the time of the giving of the guarantee.”.
Amendment of section 37 of Principal Act.
3.—Section 37 of the Principal Act is hereby amended by the insertion of the following subsection after subsection (4):
“(5) The Authority shall not, without the prior permission of the Government, give in respect of a particular industrial undertaking a guarantee under this section of repayment of principal exceeding £500,000.”.
Short title, construction and collective citation.
4.—(1) This Act may be cited as the Industrial Development (No. 2) Act, 1975.
(2) This Act shall be construed as one with the Industrial Development Acts, 1969 to 1975, and shall be included in the collective citation, the Industrial Development Acts, 1969 to 1975.