Section 7 Restrictions on payment of grant
Where at the date on which a claim for grant under paragraph 4(1) of this Scheme is received by the Secretary of State—
(a)
the amount of expenditure which is included in the claim (hereinafter in this paragraph referred to as the “present claim”) and towards which grant is payable, or
(b)
the aggregate of the amount of that expenditure and any other relevant expenditure towards which grant is payable or has been paid in respect of any one business, as the result of a claim received during the period of 2 years ending with the date of receipt of the present claim,
exceeds £20,000 for any business, the Secretary of State shall not pay grant towards so much of that expenditure or, as the case may be, so much of that aggregate as exceeds £20,000.