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INDUSTRIAL INVESTMENT (GENERAL ASSISTANCE) ACT (NORTHERN IRELAND) 1966 - SECT 5

Buildings.

5.(1) Subject to the provisions of this section, the Ministry may make to any
person carrying on in Northern Ireland a business in the course of which a
qualifying industrial process within the meaning of section 1 is carried on a
grant towards approved capital expenditure incurred by that person in the
construction (including structural alteration, extension or improvement) of a
building in Northern Ireland for the purposes of that business.

(2) Subject to any order under section 8, the amount of any grant under this
section shall be forty per cent. of the expenditure in respect of which it is
made.

(3) No grant shall be made under this section to any of the bodies mentioned
in Schedule 1 unless the building in question is provided for the purposes of
a part of the functions of that body, and for carrying on a process, in
relation to which a grant may be made to that body under section 1.


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© 1966 Crown Copyright

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