# The Agricultural Processing and Marketing Grant (Wales) Regulations 2001, Regulation 5: Amount of Grant


(1) Subject to paragraph (2) the amount of grant payable under Regulation 3 or 4 shall not exceed:
(a) 30 per cent of approved expenditure; or
(b) where the operation in question is located within the Objective 1 area, 40 per cent of approved expenditure.
(2) If any other grant is payable from public funds in relation to the approved expenditure, the amount of grant payable under Regulation 3 or 4 shall be such amount which, when added to that other grant, would lead to a value of 30 per cent, or in the case of operations within the Objective 1 area, 40 per cent, of the approved expenditure.

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Source: https://www.legislation.gov.uk/wsi/2001/2446/regulation/5 (the official version)
Page: https://openlegislation.uk/agricultural-processing-and-marketing-grant-wales-regulations-2001/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.