PART 1U.K.Main provisions

Financial assistance for industryU.K.

75Disapplication of limit under section 8 of the Industrial Development Act 1982U.K.

(1)Financial assistance provided under section 8 of the Industrial Development Act 1982 (general power to give selective financial assistance to industry) is not to count towards the limit set by subsections (4) and (5) of that section if the assistance has been designated under subsection (2) as “coronavirus-related”.

F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1S. 75(2)(3) expire (25.3.2022) by Coronavirus Act 2020 (c. 7), s. 89 (with s. 90)