7C. Without the prior permission of the Government, the total amount of money—

(a) granted or guaranteed to a particular industrial undertaking under sections 21 to 30 of the Act of 1986, or

(b) expended in that same undertaking or body corporate in the making of a loan under section 7A or the purchase or taking of shares or convertible debt instruments under section 7B,

shall not exceed in the aggregate the higher of—

(i) €15,000,000, or

(ii) €15,000,000 in excess of the aggregate amount of such grants, guarantees, investments and other such financial facilities for which the prior permission of the Government has previously been obtained.]