Section 3 Application for grant
Any person engaged or proposing to be engaged in the sea fish industry by carrying on the business of owning and operating one or more vessels registered in the United Kingdom (of whatever size and in whatever way propelled) for the purpose of catching or processing sea fish may apply to the Ministers for a grant in respect of expenditure incurred—
in the acquisition of a new vessel, registered or intended to be registered in the United Kingdom to be engaged in the catching or processing of sea fish, including equipment required for the operation of the vessel which is sold with the vessel; or
subject to sub-paragraph (2) below, in the acquisition, installation, modification, renewal or replacement of any part of a vessel registered in the United Kingdom, engaged in the catching or processing of sea fish, or of an engine or any part of an engine of or for such a vessel, or of any relevant equipment required for, or installed or used on, such a vessel (such acquisition, installation, modification, renewal or replacement being hereinafter referred to as an “improvement”):
No grant shall be payable under sub-paragraph (1)(b) above in respect of—
expenditure incurred in the acquisition or installation of any second-hand part of a vessel, engine, part of an engine or relevant equipment; or
expenditure incurred in relation to an improvement in so far as, in the opinion of the Ministers, such expenditure can be regarded as laid out on the routine repair or maintenance of the vessel or of its engine or of any relevant equipment required for the vessel or installed or used thereon.
Applications for grant under this Scheme shall be made in writing in such form as the Ministers may from time to time require, and shall be delivered to them at such address as they may at any time or in any particular case direct.