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LRC Revised Act

Number 9 of 1986

INDUSTRIAL DEVELOPMENT ACT 1986

REVISED

Updated to 7 January 2020

Changes to legislation

as of 10 July 2026, this Act is up to date with all changes known to be in force.

This Revised Act is an administrative consolidation of the

Industrial Development Act 1986

. It is prepared by the Law Reform Commission in accordance with its function under

the

Law Reform Commission Act 1975

(3/1975) to keep the law under review and to undertake revision and consolidation

of statute law.

All Acts up to and including the

Consumer Insurance Contracts Act 2019

(53/2019), enacted 26 December 2019, and all statutory instruments up to and including

the

Industrial Development (Amendment) Act 2019 (Commencement) Order 2020

(S.I. No. 62 of 2020), made 10 March 2020, were considered in the preparation of

this Revised Act.

Disclaimer: While every care has been taken in the preparation of this Revised Act,

the Law Reform Commission can assume no responsibility for and give no guarantees,

undertakings or warranties concerning the accuracy, completeness or up to date nature

of the information provided and does not accept any liability whatsoever arising from

any errors or omissions. Please notify any errors, omissions and comments by email

to

revisedacts@lawreform.ie.

Number

9

of

1986

INDUSTRIAL DEVELOPMENT ACT 1986

REVISED

Updated to 7 January 2020

ARRANGEMENT OF SECTIONS

PART I

Preliminary and General

Section

1.

Short title and commencement.

2.

Interpretation.

3.

Service industry.

4.

Designated areas.

5.

Remission of rates.

6.

Triennial review of national industrial performance

(Repealed)

.

7.

Orders.

8.

Expenses.

9.

Repeals.

PART II

Industrial Development Authority

10.

The Industrial Development Authority.

11.

Functions of the Authority.

12.

Delegation of functions.

13.

Directives to the Authority.

14.

Grants to the Authority.

15.

Maximum amount of grants, payments and guarantees by the Authority.

16.

Provision of sites and services by the Authority.

16A.

Land not immediately required for purpose of section 16.

16B.

Sale, lease or disposal of land in accordance with section 16.

16C.

Exercise of compulsory powers.

16D.

Functions of Bord Pleanála.

17.

Exemption from stamp duty.

18.

Authority's power to accept gifts.

19.

Temporary borrowing.

20.

Authority's power to engage consultants and advisers.

PART III

Industrial Incentives

21.

Authority's general grant-making powers.

22.

Grants for fixed assets leased.

23.

Grants towards reduction of interest.

24.

Guarantee of loans.

25.

Employment grants.

26.

Guarantee of loans and interest subsidy for restructuring industry.

27.

Guarantee of loans and interest subsidy for enterprise development.

28.

Training grants.

29.

Research grants.

30.

Technology acquisition grants.

31.

Research grants.

32.

Grants to secure reduction of factory rents.

33.

Percentage limits on aggregate of certain grants.

34.

Aggregate limits on investment aid.

35.

Government's power in regard to industrial incentives.

36.

Authority's powers to value assets, etc.

37.

Contravention of term or condition attached to grant or other payment.

PART IV

Members and Staff

38.

Remuneration etc. of members of Authority

(Repealed)

.

39.

Staff of Authority

(Repealed)

.

40.

Membership of Houses of Oireachtas or Assembly of European Communities

(Repealed)

.

41.

Superannuation of staff.

42.

Disclosure of documents.

43.

Disclosure of information.

FIRST SCHEDULE

(Repealed)

The Industrial Development Authority

SECOND SCHEDULE

Provisions Relating to Exercise of Powers of Authority

THIRD SCHEDULE

Designated Areas

FOURTH SCHEDULE

Enactments Repealed

Acts Referred to

Acquisition of Land (Assessment of Compensation) Act, 1919

9 and 10 Geo. 5, c. 57

Companies Act, 1963

1963, No. 33

European Assembly Elections Act, 1977

1977, No. 30

European Assembly Elections Act, 1984

1984, No. 6

Industrial Development Act, 1969

1969, No. 32

Industrial Development Act, 1977

1977, No. 37

Industrial Development (No. 2) Act, 1981

1981, No. 14

Industrial Grants (Amendment) Act, 1966

1966, No. 16

Lands Clauses Consolidation Act, 1845

8 and 9 Vict., c. 18

Local Government Act, 1941

1941, No. 23

Ministers and Secretaries (Amendment) Act, 1956

1956, No. 21

Shannon Free Airport Development Company Limited Act, 1959

1959, No. 36

Shannon Free Airport Development Company Limited (Amendment) Act, 1970

1970, No. 9

Shannon Free Airport Development Company Limited (Amendment) Act, 1983

1983, No. 12

Superannuation and Pensions Act, 1963

1963, No. 24

Transport Act, 1944

1944, No. 21

Undeveloped Areas Act, 1952

1952, No. 1

Number

9

of

1986

INDUSTRIAL DEVELOPMENT ACT 1986

REVISED

Updated to 7 January 2020

AN ACT TO CONSOLIDATE WITH AMENDMENTS THE INDUSTRIAL DEVELOPMENT AUTHORITY ACT, 1950,

THE INDUSTRIAL DEVELOPMENT ACTS, 1969 TO 1981, THE UNDEVELOPED AREAS ACTS, 1952 TO

1969, AND THE INDUSTRIAL GRANTS ACTS, 1959 TO 1969, AND TO PROVIDE FOR OTHER MATTERS

CONNECTED WITH THE MATTERS AFORESAID. [6

th May

, 1986]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS

Annotations

Editorial Notes

E1

Previous affecting provision: functions and powers of the Industrial Development

Authority conferred on it by Part III assigned to Forbairt or IDA and term “the Authority” construed (6.07.1993) by

Industrial Development Act 1993

(19/1993), s. 9, commenced on enactment; ceased to have effect (1.08.2014) by

Industrial Development (Forfás Dissolution) Act 2014

(13/2014), s. 18(6), commenced as per subs. (8) and S.I. No. 341 of 2014.

Annotations

Editorial Notes

E1

Previous affecting provision: functions and powers of the Industrial Development

Authority conferred on it by Part III assigned to Forbairt or IDA and term “the Authority” construed (6.07.1993) by

Industrial Development Act 1993

(19/1993), s. 9, commenced on enactment; ceased to have effect (1.08.2014) by

Industrial Development (Forfás Dissolution) Act 2014

(13/2014), s. 18(6), commenced as per subs. (8) and S.I. No. 341 of 2014.

Section

1.

Short title and commencement.

2.

Interpretation.

3.

Service industry.

4.

Designated areas.

5.

Remission of rates.

6.

Triennial review of national industrial performance

(Repealed)

.

7.

Orders.

8.

Expenses.

9.

Repeals.

PART II

Industrial Development Authority

10.

The Industrial Development Authority.

11.

Functions of the Authority.

12.

Delegation of functions.

13.

Directives to the Authority.

14.

Grants to the Authority.

15.

Maximum amount of grants, payments and guarantees by the Authority.

16.

Provision of sites and services by the Authority.

16A.

Land not immediately required for purpose of section 16.

16B.

Sale, lease or disposal of land in accordance with section 16.

16C.

Exercise of compulsory powers.

16D.

Functions of Bord Pleanála.

17.

Exemption from stamp duty.

18.

Authority's power to accept gifts.

19.

Temporary borrowing.

20.

Authority's power to engage consultants and advisers.

PART III

Industrial Incentives

21.

Authority's general grant-making powers.

22.

Grants for fixed assets leased.

23.

Grants towards reduction of interest.

24.

Guarantee of loans.

25.

Employment grants.

26.

Guarantee of loans and interest subsidy for restructuring industry.

27.

Guarantee of loans and interest subsidy for enterprise development.

28.

Training grants.

29.

Research grants.

30.

Technology acquisition grants.

31.

Research grants.

32.

Grants to secure reduction of factory rents.

33.

Percentage limits on aggregate of certain grants.

34.

Aggregate limits on investment aid.

35.

Government's power in regard to industrial incentives.

36.

Authority's powers to value assets, etc.

37.

Contravention of term or condition attached to grant or other payment.

PART IV

Members and Staff

38.

Remuneration etc. of members of Authority

(Repealed)

.

39.

Staff of Authority

(Repealed)

.

40.

Membership of Houses of Oireachtas or Assembly of European Communities

(Repealed)

.

41.

Superannuation of staff.

42.

Disclosure of documents.

43.

Disclosure of information.

FIRST SCHEDULE

(Repealed)

The Industrial Development Authority

SECOND SCHEDULE

Provisions Relating to Exercise of Powers of Authority

THIRD SCHEDULE

Designated Areas

FOURTH SCHEDULE

Enactments Repealed

Number

9

of

1986

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