Industrial Grants (Amendment) Act, 1963

Grants for training of workers.

5.—(1) The Board may make grants, on such terms as they think proper, for the training, either in the State or elsewhere, of workers in skilled processes of an industrial undertaking in an area other than an undeveloped area if the Board are satisfied that—

(a) the undertaking would be likely to provide or maintain employment in the area,

(b) financial assistance is necessary to ensure its establishment, maintenance or development, and

(c) it is of a reasonably permanent nature and will be carried on efficiently.

(2) The total amount so granted shall not exceed the actual amount of the wages paid by the undertaking to the workers during their period of training together with, in the case of workers trained outside the State, the amount of their expenses of travel and subsistence.

(3) Grants under this section shall be paid out of moneys provided by the Oireachtas.