Part 3 of the Bill amends the Industrial Development Acts 1986 to 1998 and the Shannon Free Airport Development Company (Amendment) Act 1986. Provision is made in sections 33, 34(e) and 35 for the raising of existing legislative thresholds of the aggregate amounts of grants to Forfás and its agencies – Enterprise Ireland, the IDA and, on the enactment of this Bill, Science Foundation Ireland – Shannon Development and the county enterprise boards for use in discharging their obligations and liabilities. The increase is necessary because the bodies in question are now nearing the existing statutory limit in respect of the total amount of moneys which may be granted to the bodies for the exercise of their functions.