HC Deb 20 May 1971 vol 817 c361W
Mr. Ronald Brown

asked the Secretary of State for Trade and Industry whether all computers ordered before September, 1970, will be eligible for the investment grant, irrespective of the date of final delivery from the manufacturers.

Mr. Anthony Grant

Sections 2 and 4 of the Industrial Development Act, 1966, authorise the payment of investment grant on expenditure on computers provided for business purposes. The igeneral effect of the Investment and Building Grants Bill, now before Parliament, is to prohibit the payment of grant on expenditure incurred by an applicant after 26th October, 1970, unless he satisfies the Department that it consists of a sum falling due under a contract made before 27th October, 1970. This applies irrespective of the date of delivery of the computer.

Forward to