Undeveloped Areas (Amendment) Act, 1963

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.