Industrial Development Authority Act, 1950

The Industrial Development Authority.

2.—(1) There shall be a body to be known as the Industrial Development Authority.

(2) The Authority in the exercise of its powers and functions shall be responsible to the Minister.

(3) The members of the Authority shall consist of a chairman and not more than four other members.

(4) The members shall be appointed by the Minister with the consent of the Minister for Finance.

(5) The provisions of the Schedule to this Act shall apply with respect to the first appointment of members.