Industrial Organisation and Development Act 19473

1

Subject to paragraph (3), the functions of a Minister of the Crown under the Industrial Organisation and Development Act 1947 M1 (“the 1947 Act”), so far as they are exercisable in relation to Wales and have not already been transferred by the 1999 Order, are transferred to the Welsh Ministers.

2

Accordingly—

a

section 9(4) of the 1947 Act applies in relation to the exercise of functions under that subsection by the Welsh Ministers as if for “as the Treasury may direct” there were substituted “ as the Welsh Ministers consider appropriate ”; and

b

the Welsh Ministers may exercise the functions of the Board of Trade under section 11 of the 1947 Act in relation to Wales acting alone and without the need for Treasury approval.

3

The function under section 7(4) (reports, and accounts, of development councils) of the 1947 Act M2 is not transferred so far as it relates to a development council exercising functions in relation to England and Wales or in relation to Great Britain.