Legislation news update
In force
Royal assent: 21 May 2009
Legislation
Industry and Exports (Financial Support) Act 2009
Summary
Raises the financial ceiling on support to industry outside assisted areas allowed under the Industrial Development Act 1982 (these limits were last changed by legislation in 2003); and widens the support allowed by the Export Credits Guarantee Department under the Export and Investment Guarantees Act 1991. It is a short Bill with three clauses, amending the 1982 and 1991 Acts mentioned above. Amends s 8(5) of the Industrial Development Act 1982, which sets the ceiling on financial assistance allowed under “s 8” powers. Increases the limit allowed under s 8 to £12bn, along with the capacity for a further four orders of £1bn each taking the overall limit to £16bn. Amends s 1(1) of the Export and Investment Guarantees Act 1991 to widen support provided by the Export Credits Guarantee Department to include exports that have already taken place
In force
N/A
Legislation
Energy Act 2004 (Commencement No 9) Order 2009
Summary
Brings into force on 20 May 2009 the Energy Act 2004, s 92 and, on 19 June 2009, ss
