AI Summary of 268. Meaning of "industrial building or structure".
Defines "industrial building or structure" for capital allowance purposes as buildings or structures used in specified trades including mills, factories, docks, market gardening, hotel‑keeping, intensive livestock production, airport operation and management, nursing homes, convalescent homes, qualifying hospitals, qualifying sports injuries clinics, qualifying mental health centres and aircraft maintenance or dismantling; it includes worker welfare facilities. The section provides exclusions where relevant interests are held by companies, trustees, individuals involved in management or property developers, and differentiates specified capital expenditure.
The provision sets detailed eligibility criteria, capacity and service requirements, certification and undertakings to the Health Service Executive for qualifying hospitals, clinics, mental health centres and qualifying residential units, prescribes commencement and time limits, State aid and planning conditions for hotel and holiday projects, reporting obligations to Revenue and the HSE, ceilings on specified capital expenditure (€5,000,000 for companies; €1,250,000 for individuals) and aggregation and information‑sharing rules.
268. Meaning of "industrial building or structure".
Amendments (requiring commencement) by s. 26 of the Finance Act 2008 (No. 3), published 13 March 2008.
Amendments (requiring commencement) by s. 41 of the Remediation of Dwellings Damaged by the Use of Defective Concrete Blocks (Amendment) Act 2025 (No. 20), published 23 December 2025.
(1) In this Part, "industrial building or structure" means a building or structure in use -(a) for the purposes of a trade carried on in -(i) a mill, factory or other similar premises, or(ii) a laboratory the sole or main function of which is the analysis of minerals (including oil and natural gas) in connection with the exploration for, or the extraction of, such minerals,(b) for the purposes of a dock undertaking,(c) for the purposes of growing fruit, vegetables or other produce in the course of a trade of market gardening within the meaning of section 654,(d) for the purposes of the trade of hotel-keeping,