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You are here: BAILII >> Databases >> Northern Irish Legislation >> INDUSTRIAL INVESTMENT (GENERAL ASSISTANCE) ACT (NORTHERN IRELAND) 1966 |
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1.(1) Subject to the provisions of this section, the Ministry of Commerce (in this Act referred to as "the Ministry") may make to any person carrying on a business in Northern Ireland a grant towards approved capital expenditure incurred by that person in providing new machinery or plant for use in Northern Ireland (a)for carrying on a qualifying industrial process in the course of that business; or (b)for carrying on in the course of that business scientific research relating to a qualifying industrial process whether carried on in the course of that business or not. (2) For the purposes of this section a qualifying industrial process is a process for or incidental to any of the following purposes, that is to say (a)the making of any article; (b)the searching for or, without prejudice to paragraph (a), the extracting or getting, or the preparation for sale, of coal, oil or other minerals, brine, peat or natural gas; (c)the generation of energy; (d)the repair, maintenance, conversion or refitting of a ship; or (e)the construction, alteration or demolition of a building or of any other fixed works of construction or civil engineering, including a road. (3) For the purposes of this section (a)the repair or maintenance in the course of a business of an article which is used in the course of that business for carrying on a process for or incidental to any of the purposes mentioned in subsection (2); (b)the storage in the course of a business of anything which is to be used in the course of that business for carrying on any such process or which is to be or has been subjected to, or has resulted from, any such process carried on in the course of that business; and (c)the packing in the course of a business of anything which is to be or has been subjected to, or has resulted from, any such process carried on in the course of that business, (4) Machinery or plant provided for use in any area designated under section 1(7) of the Continental Shelf Act 1964 for carrying on any process for or incidental to the purpose mentioned in subsection (2)(b) shall be treated for the purposes of this section as provided for use in Northern Ireland. (5) Machinery or plant provided by a person for protecting against fire or other risks any premises, or property in any premises, used by him for carrying on any process for or incidental to any of the purposes mentioned in subsection (2), or for carrying on such research as is mentioned in subsection (1)(b), shall be treated for the purposes of this section as provided by him for use for carrying on a process incidental to that purpose or, as the case may be, for carrying on such research. (6) Subject to any order under section 8, the amount of any grant under this section shall be (a) in the case of a grant made otherwise than by virtue of subsection (4), forty per cent.; and (b) in the case of a grant made by virtue of that subsection, twenty per cent.; (7) No grant shall be made under this section to any of the bodies mentioned in Schedule 1 unless the machinery or plant in question is provided for use for carrying on a process for or incidental to the purpose mentioned in subsection (2)(a) or (d), being a process the carrying on of which does not appear to the Ministry to form part of the principal or main functions of that body. (8) This section shall apply to the production of a prototype of an article of any description for use in carrying on scientific research relating to any process for or incidental to the making of articles of that description as it applies to the provision of machinery or plant for use in carrying on such research.
© 1966 Crown Copyright
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