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Industrial Development Act, 1993

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Number 19 of 1993


INDUSTRIAL DEVELOPMENT ACT, 1993


ARRANGEMENT OF SECTIONS

PART I

Preliminary

Section

1.

Short title, construction and collective citation.

2.

Interpretation.

3.

Expenses.

4.

Repeals.

PART II

Forfás and Agencies

5.

Establishment of Forfás, Forbairt and IDA.

6.

Functions of Forfás.

7.

Functions of Forbairt.

8.

Functions of IDA.

9.

Functions formerly exercised by the Industrial Development Authority and Eolas.

10.

Delegation of functions.

11.

Grants to Forfás and the Agencies.

12.

Industrial incentives.

13.

Review of industrial performance and policy.

PART III

Transitional Provisions

14.

Transfer of land.

15.

Transfer of other property.

16.

Transfer of rights and liabilities.

17.

Exemption from stamp duty.

18.

Dissolution of Industrial Development Authority and Eolas.

19.

Final accounts of dissolved bodies.

20.

Pending legal proceedings.

21.

Staff.

FIRST SCHEDULE

Forfás and the Agencies

SECOND SCHEDULE

Members and Staff

THIRD SCHEDULE

Enactments Repealed


Acts Referred to

Companies Act, 1990

1990, No. 33

European Assembly Elections Act, 1977

1977, No. 30

European Assembly Elections Act, 1984

1984, No. 6

Finance Act, 1895

58 & 59 Vict. c. 16

Industrial Development Act, 1986

1986, No. 9

Industrial Development (Amendment) Act, 1991

1991, No. 9

Industrial Research and Standards Act, 1961

1961, No. 20

Industrial Research and Standards (Amendment) Act, 1979

1979, No. 33

Local Government Act, 1941

1941, No. 30

Science and Technology Act, 1987

1987, No. 30

Shannon Free Airport Development Company Limited (Amendment) Act, 1970

1970, No. 9

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Number 19 of 1993


INDUSTRIAL DEVELOPMENT ACT, 1993


AN ACT TO MAKE FURTHER PROVISION FOR THE DEVELOPMENT OF INDUSTRY AND TECHNOLOGY AND TO STIMULATE AND ENCOURAGE INVESTMENT IN INDUSTRIAL UNDERTAKINGS FROM SOURCES WHETHER WITHIN OR OUTSIDE OF THE STATE AND FOR THOSE PURPOSES TO ESTABLISH NEW BODIES TO BE KNOWN AS FORFÁS, FORBAIRT AND THE INDUSTRIAL DEVELOPMENT AGENCY (IRELAND) AND TO PROVIDE FOR OTHER MATTERS CONNECTED WITH THE MATTERS AFORESAID. [6th July, 1993]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: