Industrial Development (Science Foundation Ireland) Act 2003

Premises of Foundation.

26

26. —(1) The Foundation may for the purposes of providing premises necessary for the due performance of its objectives and functions—

(a) purchase or take on lease any land, offices, laboratories or premises, and

(b) build, equip and maintain offices, laboratories and premises.

(2) The Foundation may sell or lease any land, offices, laboratories or premises held by it which are no longer required for the due performance of its functions.

(3) Where the Foundation is of the opinion that it is necessary to establish a research laboratory that is independent of any institute, college or university for the purposes of carrying out its functions under this Act the Foundation shall notify the Minister as soon as practicable and the Minister shall as soon as practicable consult with the Government in respect of the opinion of the Foundation.