Part VI Reform of Welsh public bodies
The Welsh Development Agency
126 Extension of functions.
1
Section 1 of the M1Welsh Development Agency Act 1975 (functions of Agency and purposes for which they may be exercised) is amended as follows.
2
In subsection (2) (purposes for which functions may be exercised)—
a
in paragraph (a) (furtherance of economic development of Wales or a part of Wales), after “economic” insert “
and social
”
, and
b
in paragraph (b) (promotion of industrial efficiency in Wales), for “industrial efficiency” substitute “
efficiency in business
”
.
3
In subsection (3) (functions)—
a
in paragraph (a) (promotion of Wales as location of industrial development), for “of industrial development” substitute “
for businesses
”
,
b
in paragraphs (b), (c), (f), (g) and (j) (functions relating to industrial undertakings), for “industrial undertakings” (in each place) substitute “
businesses
”
,
c
in paragraph (d) (promotion etc. of an industry or an undertaking in an industry), for “an industry or any undertaking in an industry” substitute “
businesses, or a particular business or particular businesses
”
, and
d
after that paragraph insert—
da
to make land available for development;
4
In subsection (8) (power to make grants not to be used in connection with functions of providing finance for carrying on of industrial undertakings), for “shall not be used in connection with those functions” substitute “
may only be exercised in connection with those functions in accordance with a programme approved by the Secretary of State under subsection (15) below
”
.
127 Land acquisition and disposal etc.
Schedule 13 (amendments of Welsh Development Agency Act 1975 and other enactments for conferring on Welsh Development Agency functions relating to the acquisition of land etc.) has effect.
128 Other amendments.
Schedule 14 (other amendments relating to Welsh Development Agency) has effect.