Industry and Exports (Financial Support) Act
A Bill to amend section 8(5) of the Industrial Development Act 1982 and to amend section 1(1) of the Export and Investment Guarantees Act 1991
The Bill has two purposes. One is to raise the financial ceiling on support to industry outside assisted areas allowed under the Industrial Development Act 1982 (these limits were last changed by legislation in 2003). The second is to widen the support allowed by the Export Credits Guarantee Department under the Export and Investment Guarantees Act 1991. It is a short Bill with three clauses, amending the 1982 and 1991 Acts mentioned above.
Key areas
- Amends section 8(5) of the Industrial Development Act 1982, which sets the ceiling on financial assistance allowed under ‘section 8’ powers. It increases the limit allowed under section 8 to £12 billion, along with the capacity for a further four orders of £1 billion each taking the overall limit to £16 billion.
- Amends section 1(1) of the Export and Investment Guarantees Act 1991 to widen support provided by the Export Credits Guarantee Department to include exports that have already taken place.
Sign in to trackLast fetched 25 Apr 2026 · parliament.uk
Progress through Parliament13 stages recorded
Commons
1st reading
04 Mar 2009
Commons
2nd reading
16 Mar 2009
Commons
Programme motion
16 Mar 2009
Commons
Money resolution
16 Mar 2009
Commons
Programme motion
21 Apr 2009
Commons
Committee stage
21 Apr 2009
Commons
Report stage
21 Apr 2009
Commons
3rd reading
21 Apr 2009
Lords
1st reading
22 Apr 2009
Lords
2nd reading
19 May 2009
Lords
Committee negatived
19 May 2009
Lords
3rd reading
20 May 2009
—
Royal Assent
21 May 2009
DocumentsOpen on parliament.uk →
Act of ParliamentBillExplanatory NotesBill proceedings: Commons
Industry and Exports (Financial Support) Act 2009 c.5
text/html · 21 May 2009
Bill as Brought from the Commons
text/html · 23 Apr 2009
Explanatory Notes to HL Bill 39
text/html · 23 Apr 2009
Committee of the Whole House Proceedings as at 21 April 2009
text/html · 22 Apr 2009