Regulation 6 Provision of financial assistance to eligible applicants
The Scottish Ministers may give to eligible applicants, whose application has been approved under regulation 5, financial assistance to implement the development plan.
Subject to paragraphs (3) and (4) below, the amount of financial assistance payable in respect of any approved application shall not exceed the amount specified in column 2 of Schedule 2 in relation to the net cost of the approved plan specified in column 1 of that Schedule.
The financial assistance payable under this regulation shall be paid in the manner and at the times following:–
up to 25% of the financial assistance payable in respect of any approved application shall be paid when the application and development plan have been determined under regulation 5;
up to 50% of the financial assistance payable in respect of any approved application shall be paid when–
the Scottish Ministers are satisfied that the quotations in writing for the projects specified on the applicants' development plan have been accepted in writing by the applicants; and
the projects specified in the development plan have been approved in writing for financial assistance by the Scottish Ministers or other public sector body or agency;
the balance of the financial assistance payable in respect of any approved application shall be paid when the Scottish Ministers are satisfied that the projects specified on the applicants' development plan have been duly completed and the applicants submit details in writing of the actual costs that they incur in implementing the development plan.
The aggregate amount of financial assistance payable in respect of any one application shall not exceed the sum of £7,000.