
1 
This Order may be cited as the Capital Allowances (Corresponding Northern Ireland Grants) Order 1997 and shall come into force on 1st April 1997.
2 
The following grants, so far as they are made towards capital expenditure, are hereby declared to correspond to a grant made under Part II of the Industrial Development Act 1982—
(a) any grant made under Part III of the Industrial Development (Northern Ireland) Order 1982, being a grant at a rate not exceeding 45 per cent. of the expenditure and being a grant made under an agreement entered into before 1st April 1999,
(b) any grant made by the Local Enterprise Development Unit out of moneys granted under article 30 of the Industrial Development (Northern Ireland) Order 1982, being a grant at a rate not exceeding 45 per cent. of the expenditure and being a grant made under an agreement entered into before 1st April 1999,
(c) so much of any grant so made at a higher rate as is equal to 45 per cent. of the expenditure.
Gyles Brandreth
Richard Ottaway
Two of the Lords Commissioners of Her Majesty’s Treasury
6th March 1997