UK Act of Parliament 2002 Northern Ireland

Industrial Development Act (Northern Ireland) 2002

An Act to establish Invest Northern Ireland to exercise certain existing functions in relation to industrial development; to dissolve the Industrial Development Board for Northern Ireland, the Local Enterprise Development Unit and the Industrial Research and Technology Unit; to abolish certain functions of the Northern Ireland Tourist Board; to amend …

Read the Act on legislation.gov.uk (opens in a new tab)
Enforced by
UK Government
Status
Amended (in force with amendments)
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Plus 3 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

What it requires

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

8 other provisions — procedural and definitional
s.001 Invest Northern Ireland (opens in a new tab)
s.002 Functions of INI (opens in a new tab)
s.003 Dissolution of IDB, LEDU and IRTU and abolition of certain functions of Tourist Board (opens in a new tab)
s.004 Interpretation (opens in a new tab)
s.005 Amendments and repeals (opens in a new tab)
s.006 Temporary saving for certain functions of Department under Industrial Development Order in relation to gas and electricity undertakings (opens in a new tab)
s.007 Commencement (opens in a new tab)
s.008 Short title (opens in a new tab)
Schedules

Schedules

3 of 27 shown
s.sch001 (1) Subject to the following provisions of this paragraph and... Regulated
Other duties (1) — Crown / regulator
  • INI must ensure committee quorum includes a member or employeeCrown / Minister / Government department
s.sch002 (1) INI shall make arrangements for— (a) a statement of... Regulated
Other duties (1) — Crown / regulator
  • INI must prepare final LEDU accounts and wind-down reportCrown / Minister / Government department
s.sch002 (1) INI shall make arrangements for— (a) a statement of... Regulated
Other duties (1) — Crown / regulator
  • INI must prepare and submit accounts and activity reportCrown / Minister / Government department
24 other schedules
s.sch001 (1) INI shall not be regarded— (a) as the servant...
s.sch001 (1) A member who is in any way, directly or...
s.sch001 The validity of any proceedings of INI, or of any...
s.sch001 The application of the seal of INI shall be authenticated...
s.sch001 A document purporting to be— (a) duly executed by INI...
s.sch001 Any contract or instrument which if entered into or executed...
s.sch001 (1) The Department may make payments to INI out of...
s.sch001 (1) INI shall— (a) keep proper accounts and proper records...
s.sch001 (1) As soon as practicable after the end of each...
s.sch001 (1) INI shall consist of — (a) a chairman; and...
s.sch001 In this Schedule— “financial year” means— the period beginning with...
s.sch001 (1) Subject to the provisions of this Schedule, a member...
s.sch001 (1) INI shall pay to its members such remuneration and...
s.sch001 (1) INI shall have— (a) a chief executive, with responsibility...
s.sch001 (1) INI may make arrangements with a Northern Ireland department...
s.sch001 (1) INI shall pay to its employees such remuneration and...
s.sch001 (1) INI may establish committees. (2) A person who is...
s.sch001 (1) INI may, to such extent as it may determine,...
s.sch002 (1) All property, rights and liabilities to which LEDU is...
s.sch002 (1) Subject to sub-paragraphs (2) and (3), this paragraph applies...
s.sch002 (1) All property, rights and liabilities— (a) to which the...
s.sch002 (1) This paragraph applies to a person who—
s.sch002 (1) All property, rights and liabilities— (a) to which the...
s.schedule/1/crossheading/annual/report_paragraph/wr Paras. 19‐21—Amendments

Help complying

Guvnor’s practical routes through this instrument.

Starting a business in Northern Ireland

Complete guide to NI-specific requirements when starting a business. Covers devolved differences in employment law, business rates, planning, health and safety, and …

Quick check: Northern Ireland-specific requirements

Quick checklist of key Northern Ireland differences from Great Britain. Check employment law, health and safety, planning, business rates, and equality obligations …

Business support and grants in Northern Ireland

Key business support organisations and grant programmes available to businesses in Northern Ireland. Covers Invest NI, Go For It, Enterprise NI, InterTradeIreland, …

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.