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Grant of licence to the Company to manufacture particular products.
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12.—(1) This section applies to products suitable for use, whether alone or in conjunction with other products, as animal feeding stuffs or fertilisers, not being products which the Company is authorised by its Memorandum of Association to manufacture.
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(2) Whenever the Minister is of opinion that—
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(a) a product to which this section applies is not being manufactured in the State by means of private enterprise, or is not being so manufactured to a substantial extent, and
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(b) it is desirable that such product should be manufactured in the State to a substantial extent, and
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(c) the grant of a licence under this section to the Company to manufacture such product would result in such product being manufactured to a substantial extent,
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then, subject to this section, the Minister, after consultation with the Minister for Finance and the Minister for Agriculture, may, either on his own motion or on the application of the Company, grant to the Company a licence authorising it to manufacture such product.
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(3) The following provisions shall apply in relation to the grant of a licence under this section—
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(a) where the Minister proposes to grant a licence he shall, before doing so, cause notice of his intention to be published in the Iris Oifigiúil and in at least two daily morning newspapers published in the State and in such other manner as appears to him calculated to bring his intention to the knowledge of persons interested;
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(b) the notice shall state—
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(i) the nature of the said product, and
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(ii) that any person may, within a specified period (not being less than thirty days after the date of the Iris Oifigiúil containing the notice) send to the Minister a statement in writing of his objection to the grant of the licence and of the specific grounds on which it is based;
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(c) the Minister shall consider every such objection sent to him within the said period;
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(d) after the expiration of the said period and consideration of the objections (if any) the Minister may grant the licence either in accordance with his intention or in such modified form as he thinks proper having regard to the objections received.
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(4) The Minister may attach to a licence granted under this section such conditions and restrictions as he thinks fit.
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