Industrial Training (Apprenticeship Levy) Act, 1994

Suspension of levy.

9.—(1) The Minister may by regulations suspend generally the payment of levy and, where regulations under this subsection are in force, this Act shall have effect in accordance with the regulations.

(2) Nothing in subsection (1) shall be construed as restricting the right to recover unpaid levy in accordance with this Act and, accordingly, such unpaid levy shall be recoverable as if there had been no suspension of levy.

(3) Where levy is suspended by regulations under this section the suspension shall take effect at the beginning of the contribution year next following that in which the regulations were made.

(4) Regulations made under subsection (1) may provide for ancillary or incidental matters that are of a transitional nature including, where appropriate, the disposal for the benefit of the Exchequer in such manner as the Minister for Finance shall direct of any proceeds of levy not used.

(5) Where regulations under this section are proposed to be made, a draft of the proposed regulations shall, with the approval of the Minister for Finance, be laid before each House of the Oireachtas and the regulations shall not be made until a resolution approving of the draft has been passed by each such House.