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Dáil Éireann debate -
Tuesday, 23 Nov 1965

Vol. 219 No. 1

Ceisteanna—Questions. Oral Answers. - Industrial Grants.

73.

asked the Minister for Industry and Commerce if, in a case where a grant is obtained under the Industrial Development Acts, there is a stipulated period of time during which the factory must remain in production; and, if so, what the period is.

There is no stipulated period of time during which a grant aided firm must remain in production. An Foras Tionscal do, however, provide, as far as possible, for the recovery of grant moneys in circumstances which involve the early cessation of production.

Would the Minister elaborate on "as far as possible"?

As far as it is possible. Sometimes it is not practicable.

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