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The Local Government (Miscellaneous Provisions) (Northern Ireland) Order 1992

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Promotion of economic development

28.—(1) Subject to the provisions of this Article, a council may make payments for the purpose of taking such steps, as the council considers appropriate, for promoting the economic development of its district.

(2) The total payments made under this Article by a council in any one financial year shall not exceed the product of a rate of 2p. in the pound on the rateable value of the district.

(3) A council shall not make any payment under this Article without the consent in writing of the Department.

(4) The Department may, by order, substitute for the amount of 2p. specified in paragraph (2) such other amount, whether higher or lower, as is specified in the order.

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