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Regulation 3 Grants in respect of the processing and marketing of agricultural products

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The appropriate Minister may make to any applicant a grant towards eligible expenditure incurred in connection with an operation.

(2)

The amount of any such grant shall be 5 per cent of eligible expenditure or such other sum which when added to any other grant payable from United Kingdom public funds in relation to the eligible expenditure equals 5 per cent of such expenditure.

(3)

The maximum amount of grant payable under this regulation shall be £200,000 in respect of each operation.