Industrial Development Act, 1986

Percentage limits on aggregate of certain grants.

[1969, s. 41. New in pt.]

33.—(1) Where in respect of an industrial undertaking grants or a loan guarantee have been made under two or more of the sections to which this section applies, the aggregate amount of such grants together with the capitalised value of the loan guarantee under section 24 shall not exceed the percentage limits specified in section 21 (2).

(2) This section applies to sections 21 , 22 , 23 and 32 .