Explanatory note
(This note is not part of the Scheme)
This Scheme amends the Fishing Vessels (Acquisition and Improvement) (Grants) Scheme 1987 which enabled grants to be made by the Minister of Agriculture, Fisheries and Food and the Secretaries of State respectively concerned with the sea fish industry in Scotland, Wales and Northern Ireland, being grants towards expenditure incurred in the acquisition or improvement of vessels engaged in catching or processing sea fish.
In relation to applications for grant received on or after 2nd April 1990 this Scheme restricts grants—
to those requisite for the purpose of enabling the applicant to benefit from Community aid for a project covered by Title II or III of Council Regulation (EEC) No. 4028/86 (relating to restructuring, renewal and modernisation of the fishing fleet); and
to those in respect of expenditure incurred in making essential safety improvements to vessels (paragraphs 2 and 5).
Rates of grant are specified (paragraph 8), subject to maximum amounts of grant (paragraph 9). Provision is made for the recovery of the grant referred to in paragraph (a) above in certain circumstances (paragraph 11(b)).
The Scheme also makes some consequential amendments (paragraphs 4, 6, 7, 10 and 11(c)).