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Abolition of certain grants. 2.(1) Subject to subsections (2) to (5), no grant shall be made under the Act of 1966 towards capital expenditure incurred (a)on or after 8th December 1970 under (i)section 3 (hover vehicles); (ii)section 4(2) (hired assets being hover vehicles or assets for use in Great Britain by virtue of an order made under section 8(1)(b)); <(iii)section 6 (ships); and (b)on or after 16th February 1971 under (i)section 1(1) (machinery or plant for use in any area designated under section 1(7) of the Continental Shelf Act 1964 as mentioned in section 1(4) of the Act of 1966 or in the form of a prototype as mentioned in section 1(8) of the Act of 1966); (ii)section 2(1) (computers other than computers to which section 1(1)(a) of this Act applies); <(iii)section 4(2) (hired assets other than hired assets to which section 1(1)(a) of this Act applies or such as are mentioned in paragraph (a)(ii) of this subsection); <(iv)section 7(1) (mining works in any area designated under section 1(7) of the Continental Shelf Act 1964 as mentioned in section 7(2) of the Act of 1966). Subs.(2)(5) spent
© 1971 Crown Copyright
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