Article 8 General powers of industrial developmentF1
For any of the purposes set out in paragraph (2),F2 INI may. . .
carry on, or establish and carry on, or develop, whether by itself or jointly with any other person, any industrial undertaking;
otherwise promote or assist the establishment, maintenance or development of any industrial undertaking.
The purposes mentioned in paragraph (1) are—
the development or assistance of the economy;
the promotion of industrial efficiency;
the provision, maintenance or safeguarding of employment in Northern Ireland.
Without prejudice to the generality of paragraph (1), in the exercise of its powers under that paragraph INI may—
form bodies corporate;
form partnerships with other persons;
acquire and dispose of plant, machinery and equipment and other property;
make plant, machinery and equipment and other property available for use by other persons;
provide, or assist in the provision of, advisory or other services in relation to finance, management, administration, marketing or organisation of industry.
Annotations
Textual amendments
- F1
functions transf. by 2002 c. 1 (NI)
- F2