Section 4 Applications

The Ministers shall publish in such manner as they consider appropriate a notice inviting, and specifying the closing date for, applications.

An application made in pursuance of a notice published under sub-paragraph (1) above shall be in writing, shall be made in such form and manner, shall include such information and shall be delivered to such address as the Ministers may from time to time require.

An applicant shall furnish all such further information relating to the application as the Ministers may require.

An application shall be in respect of one vessel only and shall include a bid stating the amount of grant for which the applicant offers to scrap the vessel.

No more than one application in pursuance of a notice published under sub-paragraph (1) above may be made in respect of any vessel.

The foregoing provisions of this paragraph shall apply in respect of any subsequent notices inviting applications.

Where an application in respect of a vessel has been approved by the Ministers under paragraph 6, no further application may be made in respect of that vessel.