Paragraph 4 Amount payable under the Scheme

Subject to sub-paragraph (2), each payment of subsidy under this Scheme shall meet such proportion of the costs or estimated costs associated with the establishment of public post offices or the provision of services to be provided from public post offices as the Secretary of State considers appropriate for that payment.

The maximum amount payable under this Scheme in any period of twelve months beginning on 1st April shall be £160,000,000.