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Regulation 3 Financial assistance

United Kingdom

(1)

Subject to the provisions of the Community legislation and these Regulations the Minister may pay Community aid and, if he so determines, a grant to any person—

(a)

who has, for the purpose of obtaining such financial assistance, made an application in accordance with regulation 4 for approval-

(i)

of a relevant operation; and

(ii)

of expenditure incurred or to be incurred in connection with that operation; and

(b)

whose application he has approved.

(2)

In determining under paragraph (1)-

(a)

whether to pay a grant in addition to Community aid, and

(b)

the amount of any such grant he may make,

the Minister shall have regard to the requirements of the Community legislation and, in particular, the limits on total State financial participation (national, regional and other) as set out in Annex IV to Council Regulation 2792/1999.