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The Financial Assistance For Industry (Increase of Limit) Order 2009

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Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Financial Assistance For Industry (Increase of Limit) Order 2009 No. 712

Draft Order laid before the House of Commons under section 8(10) of the Industrial Development Act 1982, for approval by resolution of that House.

Draft Statutory Instruments

2009 No.

Industrial Development

The Financial Assistance For Industry (Increase of Limit) Order 2009

Made

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Coming into force

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The Secretary of State makes the following Order in exercise of the powers conferred on the Secretary of State by section 8(5) of the Industrial Development Act 1982(1), and with the consent of the Treasury and after consultation with the Welsh Ministers.

In accordance with section 8(10) of that Act, a draft of this instrument was laid before the House of Commons and has been approved by a resolution of that House.

(1)

1982 c.52 section 8(5) was substituted by section 1 of the Industrial Development (Financial Assistance) Act 2003 c.11, which increased the limit to £3,700 million. As regards Wales, Article 5 and Schedule 2 to the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672) directs that the power of the Secretary of State is exercisable in relation to Wales only after consultation with the National Assembly for Wales constituted under the Government of Wales Act 1998 (c.38). By virtue of paragraphs 30 and 32 of schedule 11 to the Government of Wales Act 2006 c.32, that function was transferred to the Welsh Ministers immediately after the end of the initial period as defined by section 161(5) of that Act. As regards Scotland, despite the transfer of the power to the Scottish Ministers by section 53 of the Scotland Act 1998 (c.46), the power remains exercisable by the Secretary of State by virtue of section 56(1) of that Act.

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